Another year, another record sales figure for the world's largest video game retailer. GameStop has posted their financial results for the fourth quarter of 2007 and the year as a whole, and things are looking damn good for the company. Sales were up 33% in 2007, for a total of $US 7.1 billion in sales, with net earnings of $US 288.3 million - a jump of 82%. $US 189.8 million of those net earnings were for the fourth quarter alone, a result of the completely insane holiday sales season. Riding on these huge numbers, the company expects sales to jump another 19-21% over the next year, driven by strong software releases and the opening of another 575-600 stores. You can hit the jump for the full press release if you'd like to pour over the numbers, but the main point here is that $US 7.1 billion was definitely not all me, so where are you guys getting all this money? More importantly, can I borrow some? I need to buy some T-shirts.
GameStop Sells $US 7.1 Billion In 2007
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