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GameStop Corp
GME reported a decline in its quarterly profit.
GameStop reported its second-quarter net income at $30.6 million, or $0.22 per share, down from $39.8 million, or $0.26 per share, in the year-ago period. The company's sales came in at $1.7 billion. However, analysts were expecting earnings of $0.22 per share on revenue of $1.83 billion.
GameStop projects Q3 comparable store sales to rise 2% to 4%.
GameStop shares dropped 5.47% to $19.34 in pre-market trading.
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