EB Report

Electronic Boutique's revenues increased to $125.8 in the second quarter. The revenue boost, an increase of 11.2 percent from the same period last year, was attributed to a three percent increase in same store sales as well as the addition of 81 new stores. Videogame sale remained strong, with Diablo II leading the PC category while better than expected N64 and Dreamcast sales offset slowing Playstation sales. Overall, the company posted a net loss of $2.0 million for the quarter versus last year's second quarter profit of $0.5 million. EBWorld.com continues to be a bright spot for the company, with sales of $4.1 million for the second quarter coming in four times better than in the same period last year.