Michael Potter says once the pandemic started, the demand for gaming and gaming related products accelerated. The pandemic has helped drive revenue for manufacturers of gaming gear, as many folks new to gaming needed to acquire hardware. The pandemic has posed challenges to supply chains, but Q1 sales, gross margins, unit delivery and solid earnings results lead to a rise in guidance for then entirety of 2021. Despite the demand for outdoor recreation, Michael takes the approach that gaming is a sport that requires the continual upgrade of latest branded equipment to keep up with streaming demands and innovation.
05 May 2021
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