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GameStop reports $3.02 billion in holiday sales

by Alexander Sliwinski on Jan 6th 2011 1:30PM

GameStop has announced that for the nine weeks ending January 1, 2011, the company had sales of $3.02 billion -- a new record. The percentage breakdown across new and used products remained relatively flat year over year, but the sales increase is quite significant from last year's $2.86 billion (and we're still in a bad economy).

Company president Tony Bartel noted, "GameStop.com sales rose more than 100% versus last year, far outpacing online industry growth during the period, remaining the fastest growing website in the video game space."

Hardware sales improved 7.4 percent during the quarter "primarily" due to the "successful debut" of Microsoft's Kinect. The company's "other" category, which includes PC games and accessories, grew 15.9 percent, due to PlayStation Move and a little game called World of Warcraft: Cataclysm. GameStop's full year results will be announced in March.

Source: GameStop

Tags: business, ds, Gamestop, microsoft, nintendo, pc, playstation, ps3, psp, q4-2010, sales, sony, wii, xbox

Reader Comments (38)

Awesome, now can you please find a way to print out a legible F@$#! pre-order code on your receipts please.

@Slight of Ham
Why should they? It would help us out, which means it isn't cost-effective on their end.
It's a lot easier to print the receipts using cheap, smear-able ink on smooth receipt paper in the worst font possible. That way, when you store the receipt either in your wallet, pants, or perhaps even the Gamestop bags; they can be illegible later. Try it yourself. Hell, put one in your pants pocket and throw it in the dryer. The tie-dye resembling "artwork" it becomes is wild.

@Slight of Ham Who are you f'n idiots shopping at GameStop?!?! Gamestop is evil, don't support them, geez people.

@TexRob

i too want gamestop to die a horrible death by burning in a fiery blaze of justice. their business practices are devious, their customer service is terrible, and their stores smell like gross little kids. their business practices remind me of blockbuster, and we all know how that is turning out. while these earnings don't make it seem like it'll happen, i still hope gamestop suffers the same fate of bankruptcy.

@ravissimo

And I hope that one day people like you would be literate and/or coherent, but alas, that will never be.

Expect a "buy two get one free" promo soon, then.

And maybe if the execs need a(-another) new car, instant $20 trade-in value on all newly released games.
¬_¬

I thought that safe was owned by Iwata...

Joystiq confirmed: Scrooge McDuck owns Gamestop.

@Shockwave...Indeed, he outbid Flintheart Glomgold....Also, I believe that is a Richie Rich vault, who coincidentally, just purchased Vault-Tec.

@Slight of Ham I see you enjoy references.

How does this give power to the gamers?

@Streeks1984

Gives them the power to endlessly complain about them through gaming sites like Joystiq.

@thisredengine

Touche Touche bro...lol

ummmmm.......... yay?

alright i got my pitch fork and torch ready.

Boo.

None from me! Oh wait someone got me a gift card... Noooo!

Why are so many people still giving those crooks business?

Amazon, Target clearance, Kmart (their stores are complete shit, as well as customer service, but at least they offer great deals)...all better options.

@mywhitenoise

Don't forget that for used games, buying/selling/trading with eBay, Goozex or among your friends usually pays out far better than using Gamestop.

@mywhitenoise
Why People Buy From GameStop:
* they are unaware of better choices such as Amazon
* they do not own a computer to use said better choices
(yes, those people do exist)
* convenience
* used game sales
* CONVENIENCE (you can buy socks AND games...in one day!)

Didn't get a cent from me this holiday season. I don't buy games without factory seal still intact.

@C1

Oh and being overpriced doesn't help either

@C1 Exactly why I never buy new games from them, too.

Half of that is probably from uninformed consumers buying their rip-off used stuff. I saw a lady buy a used white 360 without a harddrive for $120 for her nephew. During boxing day (Canada's Black Friday), Best Buy was selling new 4 gig 360 Slims for 130. The poor nephew would have to spend another 50 bucks at least on a mere 60 gig hard drive to even save a game!

@gypsygib

Do you really think any of the original 360 without the built in flash memory are really still available on the used market? I'd say the chance that most of them haven't red ringed yet are pretty slim.

I don't know how many times I've said this, but I'll say it again.

Check deal sites like CAG before you buy, and buy/sell/trade your used games on eBay, Goozex and locally with your friends. It saves you a ton of money.

@Courtney

Except you spend time to save the money.

Time is money.

Some people will spend 3 hours a day on CAG to save themselves 20 bucks on a videogame purchase. I'm not that kind of person.

@Invigilator

Ah, I'm a huge advocate that time is our most valuable resource, and agree that there can be a fair trade off for saving time by spending more. But I don't think that's the case very often with paying reasonable prices for video games. Taking 2 minutes to check CAG or Slickdeals before you buy a game isn't wasting a ton of time, and if you can order a game cheaper online then driving to your local GS, then you've in fact saved time.

I wonder how much Kotick raked in over the holidays. I have no doubt in my mind Activision made a ton of money off of Black Ops and others… http://stars.ign.com/objects/142/14216734.html

I wonder if we will get that Holiday Party that they promised us...

I am the enemy of the hip, self righteous gamer: I bought evil Activision's Call of Duty: Black Ops at evil GameStop.

I'll keep getting games cheaper at Amazon. Also they offer better incentives to pre-order. A $20 coupon, vs an in-game hat - is a no brainer.

Why do people shop at GameStop anyway?

Amazon is the way to go. You get credits for future games, plus your DLC hat or whatever.

Yeah, I bought Black Ops at Gamestop though. Fookin consumers.

Not surprising when they shove unnecessary crap down your throat to buy. As a side note, anyone else immediately recognize the picture from the Super Mario cartoon?

@FirewallXIII

ain't that Scrooge McDuck's gold vault from Duck Tails?

@spikeylee
Wait, I think you're right...Crap. x_x

I remember going to Gamestop and seeing Hot Pursuit for $49.99 during their Power Saver Sale they were having a few weeks back. Then I saw that Best Buy was selling the game for $44, so I checked my Reward Zone account and saw I had two $5 coupons waiting for me. Printed them out and only paid $37 for Hot Pursuit, saving me $12 as if I were buy it from Gamestop. Also Target had the game for $39.99 as well so that was another option. I will admit the only time I will shop at Gamestop is when they have sales like getting Spiderman Shattered Dimension for $40 a few months back or their buy 2 get one free on used games. I gotten really cheap games from them whenever they do these sales.

GameStop is Satan, Activision Blizzard is Cthulu!

Am I doing it right? Up votes plz!

Breaking News

GameStop reports $3.02 billion in holiday sales

Reader Comments (38)

Posted: Jan 6th 2011 1:32PM Slight of Ham said

Posted: Jan 6th 2011 1:49PM foxhound said

Posted: Jan 6th 2011 3:04PM TexRob said

Posted: Jan 6th 2011 5:08PM ravissimo said

Posted: Jan 7th 2011 5:25AM Invigilator said

Posted: Jan 6th 2011 1:41PM foxhound said

Posted: Jan 6th 2011 1:41PM FernandoRocker said

Posted: Jan 6th 2011 1:46PM Shockwave said

Posted: Jan 6th 2011 2:03PM Slight of Ham said

Posted: Jan 6th 2011 2:05PM Xeno378 said

Posted: Jan 6th 2011 1:56PM Streeks1984 said

Posted: Jan 6th 2011 2:04PM thisredengine said

Posted: Jan 6th 2011 3:05PM Streeks1984 said

Posted: Jan 6th 2011 1:58PM HasteMakesWaste said

Posted: Jan 6th 2011 2:01PM PR0F3TA said

Posted: Jan 6th 2011 2:04PM Xeno378 said

Posted: Jan 6th 2011 2:07PM butaneko said

Posted: Jan 6th 2011 2:10PM mywhitenoise said

Posted: Jan 6th 2011 2:29PM Courtney said

Posted: Jan 6th 2011 8:10PM The Only Girl said

Posted: Jan 6th 2011 2:24PM C1 said

Posted: Jan 6th 2011 2:26PM C1 said

Posted: Jan 6th 2011 4:34PM Voshempa said

Posted: Jan 6th 2011 2:25PM gypsygib said

Posted: Jan 6th 2011 2:39PM SirUrza said

Posted: Jan 6th 2011 2:32PM Courtney said

Posted: Jan 7th 2011 5:24AM Invigilator said

Posted: Jan 7th 2011 11:09AM Courtney said

Posted: Jan 6th 2011 2:55PM HGrp said

Posted: Jan 6th 2011 3:10PM ecco6t9 said

Posted: Jan 6th 2011 3:27PM PercyChuggs said

Posted: Jan 6th 2011 3:33PM Mayor West said

Posted: Jan 6th 2011 4:06PM thatdude21601 said

Posted: Jan 6th 2011 4:26PM FirewallXIII said

Posted: Jan 6th 2011 4:39PM spikeylee said

Posted: Jan 6th 2011 4:41PM FirewallXIII said

Posted: Jan 6th 2011 6:11PM Art84 said

Posted: Jan 7th 2011 5:22AM Invigilator said

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