The video game retailer sees Q4 comp store sales ranging from flat to 2%.
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For Q3, GameStop sees profits of 38-41 cents a share, with comp store sales up 2%-4%.
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The company said it now expects to report Q4 and full year comp store sales down 1%-2%.
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Comp store sales were down 1.4% overall, flat for the U.S. market and down 6.4% for international.
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Comp store sales were down 4.6% from a year ago, including a 5.5% drop in domestic same-store sales.
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Comp store sales were down 0.3%, including a 0.3% increase in the U.S., and a 1.5% drop internationally.
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Comp store sales were up 0.4% in international outlets, but down 2.4% domestically.
The result of this is that they sell more units (of product) for less money, and this adversely impacts comp store sales.
For the full year, the retailer sees comp store sales down 2%-10%.
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For Q3, the company sees comp store sales down 5%-10%, with profits of 28-36 cents a share, below the Street at 41 cents.
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In Q1, Best Buy said in a statement, areas of domestic comp store sales growth included mobile phones, tablets, eReaders, appliances and services.
The company said it now sees Q4 comp stores down 4% to 7%, with full year comp store sales off between 7.5% and 9%.
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Comp store sales were down 2.8% from a year ago, reflecting a 2.7% drop in domestic stores, and a 3.2% decline in international locations.
Best Buy also said it continues to expect 2013 comp store sales, gross margin, earnings and inventory levels to be in line with previous expectations.
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GameStop sees full year comp store sales down 6% to 9%.
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While Best Buy has struggled in recent years, the consumer electronics chain posted better than expected results for the fourth quarter with comp store sales up roughly one percent.
The company also saw a mid single-digit comp store sales decline in mobile computing due to a fall off notebook computer sales, in part reflecting a pick-up in tablet computer sales.
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Some retail experts say that a mature company such as Wal-Mart, with over 3, 200 stores, is bound to see its comp store sales slow down as it builds multiple locations in many markets.
Comp store sales were down 9.1%.
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But industry analysts' obsession with comp-store sales continues to keep Wal-Mart's stock down while playing havoc with the industry.
There were comp store declines in sales of televisions, gaming, digital imaging and physical media.
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