"Inventory was $1.141 billion at the close of the quarter, compared to $861 million at the close of the prior year’s third quarter, reflecting the Company’s focus on front-loading investments in inventory to meet increased customer demand and mitigate supply chain issues," the report reads. The report also noted the retailer's resilience in weathering persistent global supply chain shortages and disruptions. In the past quarter, GameStop also established new offices in Seattle and Boston, which the company described as "technology hubs with established talent markets." GameStop attributed its strong sales to its new and expanded relationships with companies such as Samsung ( 005930.KS), LG ( 066570.KS), Razer ( RAZFF), and Vizio ( VZIO). The consensus expectations from the three who rate the company were for an adjusted loss per share of 52 cents, with revenue of $1.19 billion for the third quarter. The cheaper option for 750 gets you the same bundle.
FSX GOLD EDITION GAMESTOP SERIES
Here are the main metrics from GameStop's report: One bundle includes the console, a Series X Elite Controller, three months of Game Pass Ultimate and a 50 GameStop gift card, all for 774. Revenue beat consensus estimates while loss per share was larger than expected.
The comments came after the company reported its third-quarter 2021 results. "We've also been exploring emerging opportunities in blockchain, NFTs and Web 3.0 gaming," he said. "We believe our emphasis on the long-term is positioning us to build what will ultimately become a much larger business relative to where we are in 2021," CEO Matt Furlong CEO said during the video game retailer's earnings call on Wednesday. Set the sim level from an easy, carefree ride to a challenging real-time flight. Fly over your house, fly over your friends house, then fly around the world.
FSX GOLD EDITION GAMESTOP SIMULATOR
GameStop ( GME) is exploring opportunities in blockchain, non-fungible tokens (NFTs), and Web 3.0 gaming. Microsofts Flight Simulator is truly a next-gen experience, with live-streaming satellite data that lets you see the entire world from the cockpit of one of 20 detailed planes.
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