Videogame retailer GameStop misses quarterly revenue estimates

(Reuters) - Videogame retailer GameStop (NYSE:GME ) missed Wall Street expectations for quarterly revenue on Tuesday, as consumers moved away from traditional brick-and-mortar stores to online purchasing.



The company reported revenue of $798.3 million for the second quarter, below estimates of $895.7 million, according to two analysts polled by LSEG.

(This story has been refiled to correct a typographical error in paragraph 1)

Source: Investing.com