Black Ops 4, Fallout 76 “Not As Successful As We Hoped” – GameStop
Take a look at major US retailer GameStop. It revealed in its latest earnings report that both Call of Duty: Black Ops 4 and Fallout 76 hadn’t met expectations. According to CFO Rob Lloyd, the titles were “not as successful as we had hoped” and even noted that review scores might have hurt Fallout 76’s chances. “Obviously, you can see in the market what the Metacritic scores are around Fallout 76, and that’s impacted its sell-through. I’ll probably just leave it at that.”
It also turned out that a few sports games released in August and September didn’t live up to expectations. Considering major titles like FIFA 19, NBA 2K19 and Madden NFL 19 launched around that time, things are looking fairly discouraging for the retailer. That being said, Red Dead Redemption 2 and Spider-Man turned out to be its top-sellers. Black Ops 4 also helped raise the company’s overall game sales by over 10 percent in the quarter.
On the whole, GameStop saw a loss of $488.6 million this quarter compared to a profit of $59.4 million during the same period last year. This was due to an “impairment charge” of $587.5 million, according to management, which had to be paid due to the company’s declining share price (currently at $14.5). Could the company be closer to a buyout than before? Time will tell but the age of digital media isn’t boding well for the company.
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Related Forum: Gaming Discussion
Source: https://gamingbolt.com/call-of-duty-black-ops-4-fallout-76-not-as-successful-as-we-hoped-gamestop
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SilkyPosted:
I'm normally a Fallout fan however haven't even bothered getting this one, quite busy with work and honestly the reviews are shite.
ReckzXPPPosted:
Decy Interesting how the 2 most broken and bugged games of this year aint as successful as they should be... maybe its because the companys aint actually doing anything to solve it lolthis is just at game stop bro GameStop is dying
DecyPosted:
Interesting how the 2 most broken and bugged games of this year aint as successful as they should be... maybe its because the companys aint actually doing anything to solve it lol
MazePosted:
LebronIs6 They need to turn that store into a collectable store already and close a bunch of stores so they can succeed again
Yeah if they bring retro games into stores I feel like they would make some money, but then again the market for that may be small in a lot of places. Everyone can just download all their new games now. Easier, faster in a lot of cases, and no chance of the disc scratching
LebronIs6Posted:
They need to turn that store into a collectable store already and close a bunch of stores so they can succeed again
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