|Day's Range||35.62 - 36.08|
|52 Week Range||16.77 - 38.25|
|PE Ratio (TTM)||37.45|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Shares of video game and collectibles mavens GameStop (GME) are down $1.42, or over 6%, at $22.20, in late trading, even though the company this afternoon reported fiscal Q1 revenue and profit that topped analysts’ expectations, and reiterated its year profit outlook. GameStop’s “same store sales” rose by 2.3%, it said, helped by the debut of Nintendo’s “Switch” video game console. GameStop’s “digital” sales rose by 3% to $44.1 million, it said.
The retailer reported a surprise gain in comparable store sales thanks largely to Nintendo.
Best Buy Co. got a boost from Mario and Luigi in the first quarter, as demand for Nintendo Co.’s new Switch game console helped the retailer post a surprise sales gain.