GameStop Confirms to Have Had Lots of New Gaming Customers Due to COVID-19

GameStop Confirms to Have Had Lots of New Gaming Customers Due to COVID-19

3 years ago
Anonymous $GRbK1oXs9y

https://wccftech.com/gamestop-confirms-to-have-had-lots-of-new-gaming-customers-due-to-covid-19/

GameStop presented the Q1 2020 financial results yesterday. In the follow-up earnings call, GameStop CEO George Sherman highlighted a wave of brand new gamers induced by the COVID-19 lockdowns throughout the world.

[...] we saw this early on when the store closures began, between the last couple of weeks of March and going into April, and it really showed up in the form of hardware sales predominantly. I think we mentioned that any game that was launched in this timeframe really did better than expected. And that's on a large scale basis, like Animal Crossing, and then certainly smaller games performed much better as well. We saw a lot of new interest and we saw obviously a lot of hardware purchasing late in the console cycle.