A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021.
Bing Guan | Bloomberg | Getty Images
GameStop shares fell about 4% in extended trading on Wednesday, after the video game retailer reported that its losses widened in the fiscal third quarter.
The company reported that its net loss grew to $105.4 million, or $1.39 per share, from a loss of $18.8 million, or 29 cents per share, a year earlier.
Total revenue grew to $1.30 billion from $1.00 billion a year earlier. The company said its sales grew as it expanded relationships with brands, including Samsung, LG, Razer and Vizio.
Inventories grew in the latest…