EA concerned over the state of GAME

In a financial earnings call last night, Electronic Arts raised concerns as to the stability of “a major European retail partner”. Money is on that retailer being GAME.
EA head John Riccitiello and CFO Eric Brown both warned that a negative outcome for the retailer would affect their business.
“We are concerned with the financial condition of one of our major European retail partners,” said John Riccitiello, “which could lead to both increased bad debt and lost sales.”
Brown added thar “we are focused on some isolated European retailer issues that have recently been announced. A negative outcome could adversely affect our Q4 results.”
GAME has been suffering in recent months. The most recent problem being the loss of its credit insurance, which has led to rumours that the company is struggling to stock new release title as distributors want money in advance.

Recommended Videos

PC Invasion is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more
related content
Read Article All class balance changes coming to Diablo 4 Season 4: Loot Reborn
Diablo 4 Season 4 Loot Reborn
Read Article How to defeat Zo’aurc in Destiny 2 Pantheon
How To Defeat Zo'aurc In Destiny 2 Pantheon Featured Image
Read Article Sea of Thieves throwing knife glitch is the new meta — Here’s how to do it
Sea Og Thieves Bug
Related Content
Read Article All class balance changes coming to Diablo 4 Season 4: Loot Reborn
Diablo 4 Season 4 Loot Reborn
Read Article How to defeat Zo’aurc in Destiny 2 Pantheon
How To Defeat Zo'aurc In Destiny 2 Pantheon Featured Image
Read Article Sea of Thieves throwing knife glitch is the new meta — Here’s how to do it
Sea Og Thieves Bug