GameStop holiday sales jump 11%Nintendo Switch and Xbox One X drive hardware sales up 38%; used game sales down 8% as customer spending shifts to new games, collectibles Brendan SinclairManaging EditorFriday 12th January 2018Share this article Recommend Tweet ShareCompanies in this articleGameStopGameStop got what it wanted this holiday season. The company today reported results for the nine-week holiday period ended December 30, showing sales up 10.6% year-over-year to $2.77 billion.Related JobsSenior Game Designer – UE4 – AAA United Kingdom Amiqus GamesProgrammer – REMOTE – work with industry veterans! North West Amiqus GamesJunior Video Editor – GLOBAL publisher United Kingdom Amiqus GamesDiscover more jobs in games “We are pleased with our sales performance during the important holiday period, driven by strength in the Nintendo Switch and Xbox One X, and a solid increase in our collectibles business,” GameStop interim CEO Dan DeMatteo said. “Our results demonstrate our customers’ enthusiastic response to new products and our ability to execute on strategically targeted promotions.”The Switch and Xbox One X helped push new hardware sales up 38.3%, while new game sales rose 7.3% year-over-year, an increase attributed to Call of Duty: World War II and Switch titles. (Last year’s Call of Duty: Infinite Warfare under-performed expectations, and this was the Switch’s first holiday sales period.) The Switch was also cited as a major factor for accessory sales, which jumped 33.7% over last year’s holiday season. As for the company’s diversification into gaming adjacent businesses, the collectibles segment grew 19.4% to $211.3 million, largely accounted for by clothes and toys.However, not every part of GameStop’s business was booming. Used game sales were down 8.1% year-over-year “as customers shifted their spend to compelling new video game and collectibles products,” and the company’s technology brands division was down 18.6 percent due to limited supplies of the iPhone X and changes AT&T made to the way it compensates partner stores.Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Publishing & Retail newsletter and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesGameStop opening new US east coast fulfillment centerNew 700,000 square-foot Pennsylvania facility opens later this year, intended to support ecommerce “transformation”By Brendan Sinclair 8 days agoGameStop CEO reportedly due to receive $179m windfallOutgoing chief benefits from GameStop stock surgeBy Marie Dealessandri 20 days agoLatest comments Sign in to contributeEmail addressPasswordSign in Need an account? Register now.