GameStop’s December same-store sales up 4.4 percent
The GameStop store sign is seen at its shop in Westminster, Colorado January 14, 2014.
Credit: Reuters/Rick Wilking
(Reuters) – Video game retailer GameStop Corp (GME.N) said December comparable store sales rose 4.4 percent, driven by higher demand for games such as Call of Duty: Advanced Warfare, Grand Theft Auto V and Far Cry 4.
Shares of the world’s largest retailer of video game products rose about 10 percent to $36 in extended trading.
New software sales grew 5.8 percent during the nine-week holiday period ended Jan. 3, the company said on Tuesday.
Sales in the mobile & consumer electronics category rose 28 percent.
(Reporting By Kshitiz Goliya; Editing by Sriraj Kalluvila)