GameStop reports fall in third-quarter revenue as consumers curb spending

Quick Summary:

Videogame retailer GameStop reported a fall in third-quarter revenue on Tuesday, hit by a continued slump in spending at its brick-and-mortar stores as consumers shift to online platforms.

The company's third-quarter revenue fell 20 per cent to $860 million in the third quarter, compared with $1.

FILE PHOTO: People walk by a GameStop in Manhattan, New York, U.S., December 7, 2021.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Third-quarter Manhattan Walk Gamestop Mediacorp Revenue People Experience York Photo: File

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 05:09:45 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 120 words

Reading Time: 1 minutes read

Sentences: 9 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24338361

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Official Website: channelnewsasia.com

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