New game sales up in GameStop's fiscal Q1
GameStop reported earnings for its fiscal first quarter (February–April). Sales are up five percent over the first quarter of 2009, to $2.08 billion.
Some of that growth is no doubt due to strong sales of new games. The retailer announced that new software sales increased 13.3 percent in the quarter -- a trend that the GameStop should be happy to see, now that EA and THQ are takingaim at the used games business.
The company identified five games in particular that drove revenue growth: Battlefield Bad Company 2, God of War 3, Final Fantasy XIII, Pokemon HeartGold and SoulSilver, and BioShock 2. We all love buying sequels at GameStop, apparently.
