GameStop stock up 5% after its Q1 earnings beat expectations

The retail business is still a good one for the world’s largest seller for game-related products.

GameStop reported that it generated $2.06 billion in revenues in the first quarter of its fiscal 2016. That beat its guidance of $2.01 billion, and it’s also up 3.5 percent year over year. The company also got a huge win in its earnings at 68 cents per share compared to expectations of 59 cents per share. Those big numbers, which Wall Street wasn’t expecting, has GameStop’s stock price up more than 5 percent to $43.10 in after-hours trading.