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THQ Admits To Poor Summer News
Jon Wilcox
23/10/2007

Below par sales of Stuntman: Ignition and Juiced 2 behind disappointing financial expectations...
THQ has today reduced its financial expectations for the second and third quarters of the fiscal year, primarily due to the under-performance of Stuntman: Ignition and Juiced 2: Hot Import Nights at retailers in the summer.
Lowering its expectations for the second quarter to $229 million (£111.8 million) and the $490 million (£239.2 million) for the third, the publisher also announced that several of its titles have been pushed back into the 2009 fiscal year, beginning April 1st 2008. The PlayStation 3 version of Frontlines: Fuel of War, De Blob on Wii and Nintendo DS, and Destroy All Humans!: Path of the Furon are all affected by the decision.
"We are disappointed that our latest editions of Juiced and Stuntman did not perform to expectations," said Brian Farrell, president and CEO of THQ. "Because of THQ's commitment to delivering quality products, we have moved the PS3 and Xbox 360 versions of Destroy All Humans!, and the PS3 version of Frontlines into fiscal 2009. We believe the additional time will enable us to create the best products for our customers."
Farrell added, "Our new title de Blob has generated strong critical acclaim and excitement among gamers. We have decided to schedule this title for global release next fiscal year in order to enhance the game and maximize the opportunity for this new franchise."
Farrell continued, "We are looking forward to this holiday season, with our proven line up, led by WWE SmackDown vs. Raw 2008 on six platforms. Importantly, we expect fiscal 2009 to be a very strong year, as we benefit from a solid product slate, including Disney/Pixar's Wall-E, Red Faction 3, Saints Row 2 and our first games based on the UFC."






