Gamestop Posts Record 1st Quarter Earnings writes: "On the business front, mega-video game retailer Gamestop has posted record 1st quarter earnings for 2011. The company reported an increase in total sales of 9.5%, which equates to about $2.28 billion – this, in comparison to $2.08 billion in the 2010 quarter year.

Paul Raines, chief executive officer, stated, “GameStop continues to execute its strategic plan. Our strong comparable store sales..."

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