GameStop Expecting Q1 Net Loss Between $162 and $172 Million Amid COVID-19 Shutdowns
GameStop has shared its preliminary financial results for the first quarter of fiscal 2020, anticipating a net loss of income ranging between $162 and $172 million.
GameStop largely blamed shutdowns stemming from COVID-19 for the results, stating that approximately 76 percent of its 1,802 international stores were temporarily closed from March onward. Do note that GameStop?s Q1 covers the months of February, March, and April.
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Source: PlayStation LifeStyle
URL: http://www.playstationlifestyle.net
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