Trans World Entertainment (TWMC) Reports Q2 EPS of $0.22

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Trans World Entertainment Announces Annual and Fourth Quarter Results

March 16, 2017 7:30 AM EDT

ALBANY, N.Y., March 16, 2017 (GLOBE NEWSWIRE) -- Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for the 13 (Fourth Quarter) and 52 week periods (Fiscal 2016) ended January 28, 2017.

Our results demonstrate the importance, benefit and potential of our acquisition of etailz.  Trans Worlds sales growth is directly attributable to the diversification of our business into the fastest growing segment of retail: the digital marketplace.  In our FYE segment, although we experienced double digit growth in our lifestyle categories, we were impacted by negative mall traffic and the ongoing disruption in our... More