International games retailer GameStop has reported a year-on-year increase in profits from $943.2 to $974.9 for the 14 weeks ending February 2nd.
That’s despite a fall in net sales from $3.579bn in the same period last year to $3.562bn. Operating profit jumped from $302.5m to $412.3m. Net income jumped from $174.3m to $261.1m.
Like-for-like sales for the period fell by 4.6 per cent, although digital sales climbed 60.3 per cent, offsetting what the company described as “a weakness” in its core business.