Trans World Entertainment (TWMC) Reports Q2 Loss of $0.10/Share
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Trans World Entertainment Announces Second Quarter Results
August 20, 2015 7:30 AM EDTALBANY, N.Y., Aug. 20, 2015 (GLOBE NEWSWIRE) -- Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its second quarter ended August 1, 2015. For the second quarter of 2015, the Company reduced its net loss by $2.1 million to $3.0 million, or $0.10 per diluted share, as compared to a net loss of $5.1 million, or $0.16 per diluted share, for the same period last year. Comparable store sales for the quarter were flat compared to the same quarter last year. Operating results included a one-time reimbursement of expenses related to a legal settlement of $1.4 million.
"The quarter was... More
