The record-breaking launch of Grand Theft Auto V in September boosted GameStop's bottom line substantially, the retailer announced today as part of its latest financial report for the company's third quarter ended November 2.

　　Sales of new software rose 43.1 percent to $1.1 billion driven by the "strong performance" of Grand Theft Auto V, GameStop said. Specific unit sales figures were not provided, though Take-Two previously announced that the game has shipped 29 million units to date. New hardware sales rose 15.3 percent to $213 million, led by "strong" sell-through of the Nintendo 2DS and 3DS.

　　PlayStation 4 and Xbox One hardware sales will be included in GameStop's next quarterly report.

　　Not all categories showed year-over-year growth. Total preowned sales fell 2 percent to $486.6 million, compared to $496.3 million last year. Meanwhile, GameStop's "other" category, which includes its mobile business, saw sales fall to $305.2 million, down from $321.9 million last year.

　　Overall, global revenue was $2.11 billion for the quarter, up 18.8 percent year-over-year. Consolidated comparable store sales rose 20.5 percent, above the company's forecasted range. GameStop posted a profit of $68.6 million for the quarter, up from net income of $47.2 million last year.

　　

“Our strong third quarter sales results give us great momentum as we enter the new console cycle,” GameStop CEO Paul Raines said in a statement. “Consumer appetite for the new consoles is very strong judging by last week’s successful PS4 launch and the excitement for tonight’s Xbox One launch event. Globally, we are executing our unique playbook to maximize our position of strength.”

　　GameStop will hold an earnings call to discuss results and answer analyst and media questions beginning at 11 a.m. EDT. Check back later for more.

　　You need a javascript enabled browser to watch videos.

　　Click To Unmute

　　Grand Theft Auto V - Video Review

　　How Alan Wake II Made Me Face My Fear of Horror Games

　　GameSpot's Top 10 Games of 2023Thompson: The Pop Culture Icon’s Strange Legacy - LoadoutFirearms Expert’s FAVORITE Weapons Of 2023State Of Gaming Handhelds In 2023How Lies of P Cracked the Souls GenreLike a Dragon: Infinite Wealth - Official Ichiban Kasuga Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Saeko Mukoda Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Chitose Fujinomiya Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Eric Tomizawa Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Kazuma Kiryu Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Yu Nanba Character Spotlight Trailer

　　Share

　　LinkEmbed

　　Size:640 × 360480 × 270

　　Start at: End at: Autoplay Loop

　　Want us to remember this setting for all your devices?

　　Sign up or Sign in now!

　　Please use a html5 video capable browser to watch videos.

　　This video has an invalid file format.

　　00:00:00

　　HTML5

　　Auto HD High Low

　　Report a problem

　　Sorry, but you can't access this content!

　　

Please enter your date of birth to view this video

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember12345678910111213141516171819202122232425262728293031Year2023202220212020201920182017201620152014201320122011201020092008200720062005200420032002200120001999199819971996199519941993199219911990198919881987198619851984198319821981198019791978197719761975197419731972197119701969196819671966196519641963196219611960195919581957195619551954195319521951195019491948194719461945194419431942194119401939193819371936193519341933193219311930192919281927192619251924192319221921192019191918191719161915191419131912191119101909190819071906190519041903190219011900

　　By clicking 'enter', you agree to GameSpot's

　　Terms of Use and Privacy Policy

　　enter