GameStop Has a Lot to Prove on Thursday

GameStop Has a Lot to Prove on Thursday

Things are buzzing at GameStop (NYSE: GME) theses days. The leading retailer specializing in video games began taking pre-orders for Microsoft's (NASDAQ: MSFT) Xbox One X on Sunday. Microsoft's debut 4K UHD console won't hit the market until Nov. 7, but diehard gamers will be able to check out the new platform at next weekend's GameStop Expo in Las Vegas.

Between now and then, GameStop will also step up with fresh financials. The small-box chain reports its fiscal second-quarter results on Thursday. Analysts are holding out for an uninspiring performance. They see flattish top-line results, targeting $1.62 billion in global sales. GameStop delivered $1.63 billion in revenue a year earlier.

Image source: GameStop.

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Source: Fool.com