GameStop's (NYSE:GME) latest earnings results didn't reverse the negative trend that investors have had to endure for two years running. Sales shrank this quarter, as did profits. Yet investors are still looking at a nearly 100% return on the stock in just the last year.
Despite the overall poor results, there were two areas of the business where the company delivered for investors this quarter. In the following video, Fool contributor Demitrios Kalogeropoulos discusses how GameStop managed solid growth in its unusual "other" sales category, while returning a big chunk of cash to shareholders. Demitrios argues that the company could st
ill make for a good investment as we head into the next generation of gaming consoles.
Fool contributor Demitrios Kalogeropoulos owns shares of Activision Blizzard. The Motley Fool recommends Activision Blizzard and owns shares of Activision Blizzard, GameStop, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.