GameStop's forecast misses on fewer blockbuster launches
(Reuters) - GameStop Corp, the world's largest retailer of video games, forecast lower-than-expected revenue and profit for the current quarter, blaming a lack of blockbuster game launches. "We expect June and July to reflect an industry decline, coming off of Batman and Elder Scrolls in June last year and Rory McIlroy PGA Tour in July," Chief Financial Officer Robert Lloyd said on a conference call with analysts. Sales from new video game hardware business fell 28.8 percent to $312.9 million in
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