Shares of GameStop (GME) are lower in Friday's trading session after the company lowered its profit outlook for the second quarter. Shares of the video game retailer slipped more than 6 percent in Friday's session. On Thursday evening, GameStop said that it cut its forecast for the second quarter. The company now expects earnings of $0.23 to $0.30 a share for the upcoming quarter, analysts had been expecting profits of $0.33 a share. Meanwhile, the company also said it expects same store sales to decline four to six percent in the second quarter, alarming some investors over the prospects of GameStop's ability to grow.
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