THQ Delivers Record NPD Sales for December
THQ Delivers Record NPD Sales for December
Sales Up 22% Over the Prior-Year Period
CALABASAS HILLS, Calif., Jan. 14 /PRNewswire-FirstCall/ -- THQ Inc. (NASDAQ:THQI) today announced that the continued strong performance of The Incredibles, The SpongeBob SquarePants(TM) Movie and WWE SmackDown!(TM) vs. Raw!(TM) drove the company's record December sales results as reported by The NPD Group, Inc. The company's December sales grew 22% over the prior-year period to $152 million, securing THQ's #3 independent publisher position with a 9% market share, according to NPD.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041118/LATH093LOGO)
"Both The Incredibles and The SpongeBob SquarePants(TM) Movie game have now crossed the million unit sell-through mark in the U.S. alone per NPD," said Brian Farrell, president and CEO, THQ. "We see continued strong demand for these titles, as well as WWE SmackDown!(TM) vs. Raw!(TM) and our other key holiday titles here in the U.S. and across international territories."
The NPD Group is an independent leading market information provider, which evaluates companies in a wide range of industries. Since 1967, NPD has supplied reliable and comprehensive sales and marketing information in order to help more than 1,300 manufacturers and retailers better understand their customers, product categories, distribution channels and competition in order to help guide their business and positively impact sales and revenues.
THQ Inc. is a leading independent publisher of interactive entertainment software for a variety of hardware platforms including those manufactured by Sony Computer Entertainment America Inc., Nintendo and Microsoft as well as PC CD-ROM and wireless devices. The THQ web site is located at www.thq.com. THQ and the THQ logo are trademarks and/or registered trademarks of THQ Inc.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the business of THQ Inc. and its subsidiaries (collectively referred to as "THQ") and are based upon management's beliefs and certain assumptions made by management. THQ did not retain or otherwise influence The NPD Group, Inc. to make announcements attributed to The NPD Group herein. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to economic, competitive and technological factors affecting the operations, markets, products, services and pricing of THQ. Unless otherwise required by law, THQ disclaims any obligation to update its view on any such risks or uncertainties or to revise or publicly release the results of any revision to these forward-looking statements. Readers should carefully review the risk factors and the information that could materially affect THQ's financial results, described in other documents that THQ files from time to time with the Securities and Exchange Commission, including its and Quarterly Reports on Form 10-Q and Annual Report on Form 10-K for the fiscal period ended March 31, 2004, and particularly the discussion of risk factors that may affect results of operations set forth therein. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
Liz Pieri
THQ/ Media Relations
818/871-5061
Julie MacMedan
THQ/ Investor Relations
818/871-5095
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041118/LATH093LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: THQ Inc.
CONTACT: Liz Pieri, Media Relations, +1-818-871-5061, or Julie MacMedan,
Investor Relations, +1-818-871-5095, both of THQ
Web site: http://www.thq.com/
-------
Profile: intent



0 Comments:
Post a Comment
<< Home