GameStop reported rapidly growing sales in its collectibles category, which includes tabletop games, in a money-losing holiday(!) quarter and full year ended January 29, 2022.
For the full year, collectible sales rose 42%, from $580 million to $824 million. The Q4 collectible sales increase was lower: a 22% increase, from $228 million to $279 million. A few years back, GameStop set $1 billion in annual collectible sales as a target, and although it’s taken years longer than originally projected, the goal is now within reach.
Over-all company sales were up 18% for the year, from $5.1 billion to $6.0 billion, and up 6% for Q4, from $2.12 billion to $2.25 billion.
GameStop’s profit picture was weak. It lost money in the holiday quarter, a bad sign for any retailer. The loss was $147.5 million, flipping from a $80.3 million profit in Q4 2020.
For the year, GameStop lost $381.3 million, increasing from a $237.8 million loss in FY 2020.
GameStop continues to reduce its store count, cutting its stores in the U.S. and Canada by 196 locations during the year to 3,249 stores at the end of 2021.

In Losing Quarter, Year
Posted by Milton Griepp on March 18, 2022 @ 2:40 am CT

MORE GAMES
What Next?
April 25, 2025
Alliance Entertainment has terminated the agreement to purchase Diamond Comic Distributors, the company said in an SEC filing.
'Planet Perils' Showcases Fiends, Elementals, Celestials, and More
April 25, 2025
WizKids unveiled Planet Perils , a new Pathfinder Battles miniatures booster set.
MORE NEWS
Plus: Art Baltazar Shows Off New Comic
April 25, 2025
Art Baltazar showed off a new comic created to be distributed to children in hospitals by the organization.
New Family Game by Helvetiq
April 25, 2025
Asmodee will release Bugs Buddy, a new family game by Helvetiq.