GameStop saw a decrease in hardware sales during the holiday period last year. However, the retailer was boosted by a “successful” Wii U launch.
Chief executive officer Paul Raines said:
“GameStop experienced mixed results during the holiday selling period. Our successful Wii U launch, strong digital growth and continued momentum in the mobile space were countered by a decline in store traffic. As a result, GameStop expects its fourth quarter 2012 earnings per share results to be at the low end of its current guidance range. Our strong market share positions us well for the future, and we look forward to new product launches in 2013.”
Through a six week period, GameStop moved 320,000 Wii U units worldwide. In early December, Nintendo confirmed that it had sold 425,000 systems in the US during its first week of availability. Wii U sold nearly 558,000 units in Japan over a three week period. Nintendo has not shared data for its European territories.