Video game retailer GameStop (GME) appears to be doing its best, with sales rising 8% in Q3, the company reported this morning, even though the video game market is pretty lousy overall with video game industry total sales down 19% in dollar terms in October. GameStop revenue of $1.84 billion beat the average estimate by $100 million, while profit per share of 32 cents was ahead by two cents. For the current quarter, the company forecast profit per share of $1.47 to $1.65, which is a penny below, at the midpoint, the average $1.57 estimate.
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