Tag Archives: earnings

The Hut reports 30% sales increase

Sales at online retail specialist The Hut Group grew by 30.4 per cent year-on-year to 145.3m for the 12 months ending December 21st 2012. Earnings jumped 130 per cent to 10.1m. Other highlights for the year included the successful construction of a new data warehouse that deepens customer insight” and …

Read More »

GameStop sales fall but chain ‘outperforms market’

Same-store sales at US retailer GameStop dropped 12.5 per cent year-on-year. These include sales at stores which have been open for at least one year, and exclude revenue generated at newer shops. The games chain blamed the decline on a lower demand for new games, but said it had outperformed …

Read More »

Zynga on track as it files first quarterly earnings report

Social gaming giant Zynga has posted its first ever quarterly financial report, delivering numbers roughly in line with expectations. Although it reported a loss of $435m for the quarter ending December 31st, this was widely expected and stems from the $510m stock-based compensation paid out to employees following its flotation. …

Read More »

Recession? What recession? Apple posts record earnings

The High Street might be in tatters as the world’s governments wallow in spiralling pits of debt and despair, but it’s all parties and barbeques and women and jager bombs at Apple HQ in California. The tech giant has just posted record profits for the quarter ending December 31st, driven …

Read More »

Digital sales lead strong quarter for GameStop

Global games retailer GameStop has posted a solid set of Q3 numbers amidst a background of widespread financial unease. Total sales for the quarter ending October 29th hit $1.95bn, a year-on-year increase of 2.5 per cent. Like-for-like sales slipped by 0.6 per cent. Net earnings fell from $54.7m to $53.9m. …

Read More »