GameStop Closing All Puerto Rico Stores Very Soon
Video game retailer exiting Puerto Rico by the end of March.
In November, GameStop announced financial results that came in at the low end of what it had previously forecast, in part because a number of key games--including Halo 5: Guardians and Star Wars Battlefront--failed to meet expectations. As a result, the company's share value dipped, before ultimately rebounding.
We will have a better idea about how GameStop performed during the holiday season--an important period during which the company historically does around 60 percent of its yearly business--when the retailer reports earnings again later this year.
The closure of GameStop's business in Puerto Rico was first reported today by CyberboxPR.
Video game retailer exiting Puerto Rico by the end of March.
In November, GameStop announced financial results that came in at the low end of what it had previously forecast, in part because a number of key games--including Halo 5: Guardians and Star Wars Battlefront--failed to meet expectations. As a result, the company's share value dipped, before ultimately rebounding.
We will have a better idea about how GameStop performed during the holiday season--an important period during which the company historically does around 60 percent of its yearly business--when the retailer reports earnings again later this year.
The closure of GameStop's business in Puerto Rico was first reported today by CyberboxPR.
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