The EB conference call confirmed that Gamestop's strategy for opening new stores outside of the malls is working. EB's same store comp sales from last year(4%) were not even close to what Gamestop reported last week(28%). The conference call also showed that EB does not know how to run their trade-in business like Gamestop does. They were getting grilled on the current accounting practices they use.
Gamestop is definitely dominating EB at this point of 2002.
Elmer Fudd could have got 27% comps by filling in the 400+ inventory-starved Funcoland stores with new product. One should wonder why GME trumpets number that is basically meaningless given the year on year particulars? Most of GME's management team were there making claims of sweet numbers while bankrupting previous public incarnations NEOS and BBGS before BKS had to jump in and bail them out a third time.
I must disagree with your assessment of the GME management. They have seen that the old style game store is dying and have focused on taking the business in a new direction. EB has not done this and the difference is clear when looking at both companies numbers.