GameStop holiday quarter pushes full-year losses to $381 million

Originally published on GamesIndustry.biz by Brendan Sinclair

Retailer sees full-year revenues grow 18% to top $6 billion, expects to open NFT marketplace by end of July

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GameStop reported its fourth quarter and full-year results today, showing the specialty retailer grew revenues but posted deeper losses for both the holiday period and fiscal 2021 as a whole.

For the quarter ended January 29, GameStop reported net sales up 6% to $2.25 billion, with a net loss of $148 million. In the previous year’s fourth quarter, it posted a net profit of $81 million.

For the full year, GameStop’s net sales rose 18% to $6.01 billion, but it also posted

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