
GameStop reported a financial loss of $32.3 million for the fiscal first quarter. The company generated $882 million in net sales during this period, down from $1.2 billion in the year-ago period.

GameStop's stock fell by 16% ahead of the start of trade on Friday5.

The recent quarterly revenue of $882 million represents a 3% increase compared to the revenue from the same period last year, which was $860 million4. However, when adjusted for foreign exchange, the increase is 7%.