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GameStop financials: Growth reported in new, used, and digital sales sectors

GameStop has reported its Q1 earnings for its fiscal year, which ended on April 30, and it finds sales up 9.5 percent to $2.28 billion, compared to the prior year's $2.08 billion.

Total net income for the retail chain net came in at $80.4 million, compared to $75.2 million in the prior year. New games sales were up 4.8 percent and thanks in part to the launch of Nintendo 3DS, sales of new hardware were up 24 percent.

Used sales were also up 9.5 percent, which is the highest for the sector in six quarters. Sales for individual stores open for more than year, were up 5.3 percent, and online digital sales were up a whopping 53 percent.

The top five games for the retailer were Pokémon Black and White, Mortal Kombat, Marvel vs. Capcom 3: Fate of Two World, Call of Duty: Black Ops, and Homefront.

Thanks, WSJ.

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Stephany Nunneley-Jackson

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Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

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