Trans World Entertainment (TWMC) Reports Q3 Loss of $12.73 on Revenues of $69.5M
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Trans World Entertainment Announces Third Quarter Results
December 17, 2019 4:26 PM ESTALBANY, N.Y., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its third quarter ended November 2, 2019.
Third Quarter Overview - Consolidated
Total revenue decreased 24.5% to $69.5 million compared to $92.0 million in the third quarter of fiscal 2018. Loss from operations was $22.9 million compared to a loss from operations of $13.8 million for the third quarter of fiscal 2018.Net loss was $23.2 million, or $12.73 per share, for the 13 weeks ended November 2, 2019, compared... More