Trans World Entertainment (TWMC) Reports Q1 EPS of $0.00
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Trans World Entertainment Announces First Quarter Results
May 19, 2016 7:30 AM EDTALBANY, N.Y., May 19, 2016 (GLOBE NEWSWIRE) -- Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its first quarter ended April 30, 2016. Â
The quarter was highlighted by the continued positive response by our customers to changes in our merchandise assortment and presentation, commented Mike Feurer, Company CEO. We delivered a flat comp for the fourth consecutive quarter despite the continued significant disruption in our media categories. In addition, we generated historically high gross margins through better price management and the shift in sales contribution to our higher margin trend... More
