GameStop reports fall in third-quarter revenue

Reuters

2024/12/11

Dec 10 (Reuters) - Videogame retailer GameStop GME.N reported a fall in third-quarter revenue on Tuesday, hit by a continued slump in spending at its brick-and-mortar stores as consumers shift to online platforms.

The company's third-quarter revenue fell 20% to $860 million in the third quarter, compared with $1.08 billion a year ago.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Pooja Desai)

((Zaheer.Kachwala@thomsonreuters.com;))

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