GameStop, the largest global video-game retailer, reported fiscal second quarter net income of $57.2 million, or 34 cents a share, up from $21.8 million, or 13 cents a share, for the same period the year prior.
GameStop posted better than expected profit numbers and raised its full year guidance above analyst expectations. The company was bullish thanks to strong sales of Guitar Hero 2, NCAA Football 2008, and strong sales for the Wii. New video game sales were up 49 percent and new hardware sales were up 87 percent.