RTW Retailwinds, Inc. Announces 2019 3rd Quarter Results

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Go back to RTW Retailwinds, Inc. Announces 2019 3rd Quarter Results

RTW Retailwinds (RTW) Reports Q3 Loss of $0.18, Revenues Miss

December 5, 2019 4:12 PM EST

RTW Retailwinds (NYSE: RTW) reported Q3 EPS of ($0.18), versus $0.03 reported last year. Revenue for the quarter came in at $200.1 million versus the consensus estimate of $208.7 million.

Gregory Scott, Chief Executive Office of RTW Retailwinds, said: Overall, we were disappointed with our third quarter results as softness in our store channel contributed to our sales decrease and operating loss below our expectations. That said, we continue to make progress against our strategic initiatives, which include growing our multi-brand platform, driving digital growth across all brands, and implementing our Customer First initiative. We are... More