Saints Row Underperformance Drives Lower Profits for Embracer Group’s PC/Console Segment

Embracer Group CEO Lars Wingefors has previously said Saints Row is unlikely to be as great a return on investments as previously anticipated.

Posted By | On 16th, Feb. 2023

saints row

Volition and Deep Silver’s Saints Row reboot was one of the biggest high profile duds of 2022. The game received mixed (at best) reception upon release from critics and wider audiences alike, and unsurprisingly, that has also been reflected in its commercial performance.

In fact, the underperformance of the Saints Row reboot has contributed to the Embracer Group seeing lower gross profits over October-December period, as revealed by the company in its latest fiscal report. The company says “certain operating groups” under the Embracer Group umbrella have “underperformed” as compared to its expectations.

That said, it believes that is driven by “mixed reception for several releases, combined with a more normalized market and softer consumer purchasing power this year” rather than signaling a “structural shift”.

Last year, Embracer Group CEO Lars Wingefors expressed disappointment over the “polarizing” reception to Saints Row, and said that though it was still projected to make a profit, it was unlikely to yield as much of a return on investments as previously anticipated.

In November, it was announced that though Saints Row had “performed in line with management expectations” for the July-September quarter, Volition was being shifted over from Deep Silver to Gearbox Entertainment in order to “ensure future success” at the studio.

Saints Row is available on PS5, Xbox Series X/S, PS4, Xbox One, and PC.


Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

PS5 Pro’s US Launch Sales Are Similar to PS4 Pro

PS5 Pro’s US Launch Sales Are Similar to PS4 Pro

Sony's mid-gen console refresh seems to have got off to a good start in the United Sales, with sales being com...

Assassin’s Creed’s Upcoming Animus Hub Won’t Have a Paid Battle Pass or Subscription

Assassin’s Creed’s Upcoming Animus Hub Won’t Have a Paid Battle Pass or Subscription

Following recent leaks, Ubisoft has offered a clarification on how Assassin's Creed's upcoming Animus Hub, pre...

Top 30 Best Xbox Series X/S Titles of All Time (2024 Edition)

Top 30 Best Xbox Series X/S Titles of All Time (2024 Edition)

With four years in the bag, here are 30 top games to play on Xbox Series X/S, from indie titles to award-winni...

10 Excellent Open World Games Where You Control It All

10 Excellent Open World Games Where You Control It All

[drop-cap]G[/drop-cap]amers have quickly realized that a fun open-world game isn’t just about size and scope... Read More

Indiana Jones and the Great Circle – Everything You Need to Know

Indiana Jones and the Great Circle – Everything You Need to Know

Here's everything you should know about MachineGames' Indy adventure.

Planet Coaster 2 Interview – Water Parks, Coaster Customization, PS5 Pro Enhancements, and More

Planet Coaster 2 Interview – Water Parks, Coaster Customization, PS5 Pro Enhancements, and More

Frontier Developments' Dave Bamber and Simon Jordan speak with GamingBolt about the studio's newest release.