GameStop has lowered its full-year guidance once again after sales over the nine-week-long holiday period were "well below expectations."
The retailer reported holiday sales of $1.83 billion, down 27.5% year-over-year from 2018. In a press release, GameStop maintained that sales results were "indicative of overall industry trends impacting the video game industry" and were largely the result of decline in new hardware and software sales in December.
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