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 GameStop Corp. (NYSE: GME)
Black Friday deal seekers take note. GME ("GameStop") will open more than 3,000 U.S. locations this Black Friday at 12:01 a.m. and will open the majority of the remaining stores at 5:00 a.m. local time. Shoppers should check in advance with their local store for exact times and details or visit www.GameStop.com. 
GME ("GameStop") previously reported sales and earnings for the third quarter ended Oct. 27, 2012. GME ("GameStop") Total global sales for the third quarter of 2012 were $1.77 billion compared to $1.95 billion in the prior year quarter, a decrease of 8.9%. Consolidated comparable store sales decreased 8.3%. Sales of new software, pre-owned software and new hardware declined during the quarter due to the longevity of the current console cycle and the difficult comparison of major new software titles released during the third quarter of 2012. GME ("GameStop") Sales in the Other category increased 31.1% during the quarter, primarily driven by new business channels. Digital receipts increased 31.8% to $127 million. Mobile sales, made up of tablet and pre-owned mobile products, were $43.2 million, on course to reach the company?s 2012 forecast of $150 to $200 million. For the fourth quarter of fiscal 2012, GME ("GameStop") expects comparable store sales to range from -7.0% to +1.0%. Diluted earnings per share are expected to range from $2.07 to $2.27. For the full year, the company is maintaining its previously announced adjusted diluted earnings per share guidance range of $3.10 to $3.30, excluding goodwill and impairment charges, based on weighted average fully diluted shares outstanding of approximately 127,000,000. Incorporating third quarter results, full year comparable store sales are now expected to range from -9.0% to -6.0%. GameStop Corp. (NYSE: GME), a Fortune 500 and S&P 500 company headquartered in Grapevine, Texas, is the world's largest multichannel video game retailer. GameStop?s retail network and family of brands include 6,650 company-operated stores in 15 countries worldwide and online at www.GameStop.com. The network also includes: www.Kongregate.com, a leading browser-based game site; Game Informer(R) magazine, the leading multi-platform video game publication; Spawn Labs, a streaming technology company; and a digital PC game distribution platform available at www.GameStop.com/pc. In my opinion this is a stock to watch! (Read Full Disclaimer at http://crweselect.com/disclaimer)
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