GameStop slides as revenue decline raises turnaround worries

GameStop slides as revenue decline raises turnaround worries By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Folks stroll by a GameStop in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File Photograph By Zaheer Kachwala (Reuters) – GameStop (NYSE:) shares fell 7% earlier than the bell on Thursday on indicators that it’s going to take longer for the brick-and-mortar videogame retailer to stem a income decline as…

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GameStop misses revenue estimates on faltering videogame demand

GameStop misses revenue estimates on faltering videogame demand By Reuters – Canada Boosts

© Reuters. File photograph: Individuals stroll by a GameStop in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File photograph (Reuters) -GameStop missed quarterly income estimates on Wednesday as customers dialed again spending in an unsure economic system, hampering the videogame retailer’s pivot to a extra online-focused mannequin. Sticky inflation and excessive borrowing prices have…

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