Shares of GameStop Corp. fell more than 6% late Thursday after the specialty retailer missed quarterly earnings expectations and showed a decline in comparable-store sales in the U.S. GameStop said it earned $22.2 million, or 22 cents a share, in the second quarter, compared with $27.9 million, or 27 cents a share, in the year-ago period. Adjusted for one-time items, GameStop earned $14.9 million, or 15 cents a share, in the quarter, compared with $27.9 million, or 27 cents a share, in the prior-year quarter. Revenue rose to $1.69 billion, from $1.63 billion a year ago, and comparable-store sales rose 1.9% as an increase of 9.8% in international sales offset a 1.4% fall in the U.S. Analysts polled by FactSet had expected adjusted earnings of 18 cents a share on sales of $1.64 billion. The shares ended the regular trading session up 1.4%.
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