The NPD Group reported that in the first quarter:

  • Digital revenues totaled $1.85 billion
  • Traditional retail sales totaled $2 billion
  • Zynga reported revenues of $235.4 million in the first quarter

The analysts are predicting further drops in retail revenue:

  • Cowen & Co. predicts sales will decline 12%
  • Wedbush Securities predicts a 6% drop

About IESherpa

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