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REPORT - UK Retailer HMV Sees Game Profits Fall 'Significantly'

by rawmeatcowboy
30 June 2011
GN Version 3.1

UK retailer HMV has posted financial results for the last fiscal year, noting that the sale of video games has “significantly underperformed” compared to the company’s expectations. For the fiscal year ended April 30, 2011, HMV chairman Philip Rowley explained that, while other areas of sale such as music declined broadly as was expected, video game sales were down dramatically.

Full report here