During their latest quarterly results published earlier today, GameStop revealed that during Q4 which ended on January 29, the company reported net sales increased by 6%, but still ultimately posted a net loss profit for both the quarter and year. The company posted a net loss of $148 million during Q4 2021 and $381 million net loss for the entirety of the 2021 financial year.
GameStop also made it official to shareholders they will be moving forward and launching their NFT marketplace by the end of July despite receiving major backlash among current employees.
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