THQ Will Miss Targets - Analyst

Agoura, Calif.-based THQ will miss its guidance for a breakeven second fiscal half on slow sales of key releases, said Cowen and Company analyst Doug Creutz in a Thursday research note.

Citing NPD data for U.S. software sales, Creutz said sales of the latest WWE wrestling game SmackDown vs. Raw 2009 were down 22 percent year-on-year during calendar Q4 2008, and the SpongeBob franchise was down 19 percent year-on-year.

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