Download to read offline
Uploaded byfinance32
554 views
game stop GameStop_2006_annualreport
This document provides an annual report from GameStop, the world's largest video game and entertainment software retailer. In 2006, GameStop had sales exceeding $5 billion and net earnings of $158.3 million. GameStop successfully integrated 2,351 EB Games stores into its business after acquiring the company in 2005. GameStop plans to continue its aggressive expansion, opening 500-550 new stores annually. The video game industry is experiencing strong growth driven by new hardware like the Wii, Xbox 360, and PS3, as well as an expanding customer base and the continued success of the used game business model. GameStop is well positioned to take advantage of opportunities in the growing market.
