GameStop Posts Record Non-Holiday Sales for Quarter

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GameStop has disclosed its earnings for the first quarter of its current fiscal year, which ended on May 1, 2010. Overall sales hit $2.08 billion, which is up 5.1% over Q1 2009 ($1.98 billion). GameStop's "total company sales have exceeded $2 billion for the first time in a non-holiday quarter."

Sales of new video games were up 13.3% with top-selling games represented by Battlefield: Bad Company 2, God of War III, Final Fantasy XIII, Pokemon SoulSilver and HeartGold, and BioShock 2.

"The in-store Legends of Zork test proved highly successful in economically acquiring and converting our customers to browser game players," said GameStop CEO Daniel DeMatteo in a press release. "Additionally, at the end of this month, GameStop will be marketing and selling downloadable content in a group of test stores. Of equal importance, our new customer loyalty program will launch in select markets. Altogether, we continue to deliver a superior shopping experience and are introducing our customers to the digital options for gaming."

It appears that GameStop is getting a bit more serious about digital offerings like free-to-play games and downloadable content, promoting them in stores rather than ignoring them. Legends of Zork, for example, was promoted in some retail stores, presumably in exchange for some money from the game's publisher.

GameStop will also be supporting EA's Online Pass system, which bestows online features such as multiplayer to EA Sports titles. It is included free with all new copies, but must be purchased separately with used games. GameStop will sell the Online Pass and other EA DLC in its retail locations soon.

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From The Chatty
  • reply
    May 20, 2010 12:30 PM

    wow I thought that (PC) gaming was lost due to piracy and can only be saved with drastic measures (read: dlc, online accounts for single player, 10$ resell program, etc)

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      May 20, 2010 12:41 PM

      I would lol if Gamestop came back and said "1 billion of those sales were for used games" which to the developer/publisher is worse than a pirated copy.

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        May 20, 2010 1:12 PM

        Actually to the developer/publisher it isn't worse. Pirated media can't be traded in to purchase the big hit of the week which a ton of used games are. Sales from used trades beat no sales whatsoever.

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          May 20, 2010 3:36 PM

          I thought Devs and Publishers get $0 from used game sales it goes solely to the reseller. The difference between a used sales vs a pirated copy is someone is at least forking out money and they still aren't getting a piece of the pie.

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            May 20, 2010 11:28 PM

            Yeah, I meant the trading part. They may not have made the money when someone bought Used-FPS but when trading that game in helps them afford the big New-RPG that they couldn't have otherwise, it results in a new sale. I know it's not always like that but the point of it is that used games have the possibility of assisting new sales which pirated games don't. That's the point I was trying to make.

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      May 20, 2010 1:31 PM

      I have nothing against used game sales, my peeve is the people who "save" a whopping $2 - $5 on used vs new. WTF is your problem? Give the money to the game makers, not the scammy middleman. Support gaming not opportunistic box stores.

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        May 20, 2010 1:45 PM

        What about saving $5 from buying a used copy from a gamer and not a store?

        Generally I won't go out of my way to buy a used copy for only $5 less, ill take the peace of mind knowing a new copy hasn't been thrown around by some kid.

        But I will gladly spend $15 less on a used copy on ebay where it lists the quality and pictures of said quality than buying new. Especially when its an older harder to find game where a new copy is hard to find at a store and usually still full price.

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          May 20, 2010 2:34 PM

          Saving $5 on a game, be it private sale or store is LAME. And saving $2 on a game is even worse. I love used games. I buy used games too. Not a lot but occasionally when it makes sense and usually from a private seller. Saving $15 is a worthy used sale. And if Gamestop did this I wouldn't care. But they whore out the good titles for a mere $2 - $5 savings and that's total BS imo.

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        May 20, 2010 11:31 PM

        It's very thin but there is a tiny silver lining to buy used even in that scenario. If it's a game you're unsure if you'll definitely like or if you know you'll beat it very quickly. Most used game retailers (at least GS) have return policies (GS is 7 days) on used items so even if it's only a few bucks less I might buy a used one if it's a very short game or I'm not 100% sure I'm going to like it... You can play it and bring it back whereas new ones you can't.