GameStop reports a 29% decline in sales and $32 million loss for the first quarter

Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City.GameStop reported its first-quarter results Friday, showing a steep decline in sales along with a loss on the bottom line. The video game retailer posted net sales of $881.8 million for the period. That's down 29% from $1.237 billion a year prior. The company lost $32.3 million during the quarter, a narrower loss than the $50.5 million suffered in the year-earlier period.The first quarter res ...