Gamestop Reports EPS of $1.56 vs. $1.56; Revenues $3.69B vs. $3.71B

GameStop Corp. GME today reported record sales and earnings for the fourth quarter ended January 29, 2011. Total sales for the fourth quarter of 2010 increased 4.8% to $3.69 billion, in comparison to $3.52 billion in the prior year quarter. Comparable store sales increased 2.6%. Net earnings increased 10.1% to $237.8 million, as compared to net earnings of $215.9 million in the prior year quarter. Diluted earnings per share increased 20.9% to $1.56, as compared to $1.29 in the prior year quarter.