GameStop's December Same-Store Sales Up 4.4%

USA

Video game retailer GameStop Corp (NYSE:GME) said December comparable store sales rose 4.4 percent, driven by higher demand for games such as Call of Duty: Advanced Warfare, Grand Theft Auto V and Far Cry 4.

Shares of the world's largest retailer of video game products rose about 10 percent to $36 in extended trading.

New software sales grew 5.8 percent during the nine-week holiday period ended Jan. 3, the company said on Tuesday.

Sales in the mobile & consumer electronics category rose 28 percent.

(Reporting By Kshitiz Goliya; Editing by Sriraj Kalluvila)