One of my favorite Emerging Growth stocks just reported an outstanding second quarter. This article is from the Dallas Morning News.

GameStop 2Q earnings blow away analysts' estimates

Grapevine-based GameStop Corp. announced second quarter results Thursday morning that easily surpassed what analysts had been expecting.

The video game retailer said revenue hit $1.8 billion in the quarter, up from $1.34 billion in the same time a year ago.

Profit jumped to $57.2 million, or 34 cents per share, compared to $21.8 million, or 13 cents per share, last year.

Analysts had been looking for GameStop to report revenue of $1.66 billion and a profit of 28 cents per share.

The company also raised its financial guidance for the full year.

"In the second quarter, we produced record revenues in each of the geographical regions where we operate," chairman and chief executive officer Richard Fontaine said in a news release.

"By prioritizing our investments and focusing our resources, GameStop continues to significantly outperform the specialty retail segment as a whole, when comparing top-line growth, comparable store sales, and net earnings growth."

The company also said that same store sales - a measure of sales at stores that have been open at least one year - jumped 20 percent in the quarter, thanks to new games like Grand Theft Auto IV and NCAA Football 09.