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GameStop Corp. Message Board

  • birch981 birch981 Mar 22, 2012 11:50 PM Flag

    Sales vs Store Closures

    GME closing stores doesn’t matter. I have crunched the numbers and looked at stores vs sales and what effect the new console cycle has on sales. The Wii U has been confirmed, personally I thought after this cycle msft and sne would not give Nintendo a head start. My read on it is that the Wii was so game changing that msft and sne wanted to see what the Wii U has and reverse engineer it. In the rumor mill I have read articles saying the next xbox has tablets I see that as more probable than not having a disc drive. Msft has come out and said they want to control your living room so I don’t know why they would try to alienate people by not having a disc drive or used games.

    Numbers follow as: year, number of stores, store percent increase/decrease from previous year, sales, sales percent increase/decrease from previous year. Note: store count starts at October 29, 2005 as that as all I could find on edgar, if you know the number of stores post it. Sales are in billion and for the year.

    Year, Store, Percent, sales, percent,

    2002, n/a, n/a, 1121.1, n/a,
    2003, n/a, n/a, 1352.7, 21%,
    2004, n/a, n/a, 1578.8, 17%,
    2005, 4416, n/a, 1842.8, 17%,
    2006, 4490, 0.016, 3091.8, 68%,
    2007, 4778, 0.064, 5318.9, 72%,
    2008, 5264, 0.1, 7094, 33%,
    2009, 6207, 0.179, 8805.9, 24%,
    2010, 6450, 0.039, 9078, 30%,
    2011, 6670, 0.032, 9473.7, 4%,
    2012, 6627, -0.006, 9550.5, 0.80%,

    IMO there is no correlation between adding stores and sales. Sales do better when new consoles are released. The Wii U is the answer. I think the Wii U will do well for a number of reasons. More involvement from third party publishers, pent up demand, backwards capability Wii U can play Wii games. (good for used sales).

30.01-0.10(-0.33%)2:48 PMEDT