GameStop announces record earnings for 2005
GameStop is reporting a record profit of $100.8 million for the fiscal year 2005 -- $85 million of which was generated in the fourth quarter ending January 28. Strong holiday sales and the October acquisition of Electronics Boutique helped boost the retail giant's earnings 135% over their previous fourth quarter.
It would be interesting to see the breakdown of these sales for new and used games by platform, as well as strategy guides and other accessories.
