GameStop to present at upcoming industry conference

GRAPEVINE, Texas--(BUSINESS WIRE)--Nov. 10, 2009-- GameStop Corp. (NYSE: GME), the world’s largest video game and entertainment software retailer, today reaffirmed its diluted earnings per share and comparable store sales guidance for the third quarter ended October 31, 2009.

GameStop reiterated its previously announced guidance of diluted earnings per share of between $0.27 and $0.33, excluding debt retirement costs of $0.01 per share, and comparable store sales ranging from -11.0% to -6.0%.

GameStop will report complete third quarter 2009 results and provide fourth quarter 2009 guidance on Thursday, November 19, 2009. A conference call with management is scheduled for the same day at 11:00 AM ET to discuss the financial results. The conference call will be simulcast on the Internet at http://investor.gamestop.com and will be archived on the website until December 3, 2009.

In addition, GameStop will be presenting at BMO’s 17th Annual Digital Entertainment Conference on November 12, 2009.

About GameStop

Headquartered in Grapevine, TX, GameStop Corp., a Fortune 500 and S&P 500 company, is the world's largest video game and entertainment software retailer. The company operates 6,333 retail stores in 17 countries worldwide. The company also operates an e-commerce site, GameStop.com, and publishes Game Informer(R) magazine, a leading multi-platform video game publication. GameStop Corp. sells new and used video game software, hardware and accessories for video game systems from Sony, Nintendo, and Microsoft. In addition, the company sells PC entertainment software, related accessories and other merchandise. General information on GameStop Corp. can be obtained at the company's corporate website: http://www.gamestopcorp.com.

Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, the outlook for fiscal 2009 and beyond, future financial and operating results, projected store openings, the company's plans, objectives, expectations and intentions, and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of GameStop's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. GameStop undertakes no obligation to publicly update or revise any forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: the inability to obtain sufficient quantities of product to meet consumer demand; the timing of release of video game titles for next generation consoles; the risks associated with expanded international operations and the integration of recent acquisitions, including Micromania; the impact of increased competition and changing technology in the video game industry; and economic and other events that could reduce or impact consumer demand. Additional factors that could cause GameStop's results to differ materially from those described in the forward-looking statements can be found in GameStop's Annual Report on Form 10-K for the fiscal year ended January 31, 2009, filed with the SEC and available at the SEC's Internet site at http://www.sec.gov or http://investor.gamestop.com.

Source: GameStop Corp.

Media Contact:
Chris Olivera
Vice President,
Corporate Communications
GameStop Corp.
(817) 424-2130
or
Investor Contact:
Matt Hodges
Director,
Investor Relations
GameStop Corp.
(817) 424-2130