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Trans World Entertainment Corp (TWMC.OQ)

TWMC.OQ on NASDAQ Stock Exchange Global Market

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18 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Trans World Entertainment Corp Files For Non Timely 10-K
Tuesday, 7 May 2019 

May 6 (Reuters) - Trans World Entertainment Corp ::TRANS WORLD ENTERTAINMENT CORP FILES FOR NON TIMELY 10-K - SEC FILING.TRANS WORLD ENTERTAINMENT CORP - HAS SUFFERED RECURRING LOSSES FROM OPERATIONS.TRANS WORLD ENTERTAINMENT - ANY CASH REQUIREMENTS DUE TO SHORTFALL IN CASH FROM OPERATIONS WILL BE FUNDED BY THE COMPANY’S REVOLVING CREDIT FACILITY.TRANS WORLD ENTERTAINMENT - CO, KPMG LLP ARE CONTINUING TO ASSESS WHETHER SUBSTANTIAL DOUBT EXISTS ABOUT CO’S ABILITY TO CONTINUE AS GOING A CONCERN.TRANS WORLD ENTERTAINMENT-INTENDS TO FILE ANNUAL REPORT ON FORM 10-K WITHIN GRACE PERIOD PRESCRIBED IN RULE 12B-25 UNDER SECURITIES EXCHANGE ACT.  Full Article

Trans World Entertainment Q3 Loss Per Share $0.39
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Trans World Entertainment Corp ::TRANS WORLD ENTERTAINMENT ANNOUNCES THIRD QUARTER RESULTS.Q3 LOSS PER SHARE $0.39.Q3 REVENUE FELL 1.1 PERCENT TO $92 MILLION.TRANS WORLD ENTERTAINMENT - INVENTORY WAS $131.3 MILLION AT END OF Q3 OF 2018 AS COMPARED TO $144.8 MILLION AT END OF Q3 OF 2017.MEANINGFUL HEADWINDS WILL CONTINUE.TRANS WORLD ENTERTAINMENT- MADE PROGRESS IN EFFORTS TO DIFFERENTIATE POSITION IN CHALLENGING ENVIRONMENT.  Full Article

Trans World Entertainment Says On Oct 29, Entered Letter Agreement With Wells Fargo Related To Consent Exceeding Permitted Number Of Store Closures
Friday, 2 Nov 2018 

Nov 1 (Reuters) - Trans World Entertainment Corp ::TRANS WORLD ENTERTAINMENT - ON OCT 29, ENTERED LETTER AGREEMENT WITH WELLS FARGO RELATED TO CONSENT EXCEEDING PERMITTED NUMBER OF STORE CLOSURES.TRANS WORLD ENTERTAINMENT - WITHOUT FURTHER CONSENT OF WELLS FARGO,FY 2018 STORE CLOSURES SHALL NOT EXCEED 68 IN AGGREGATE.TRANS WORLD ENTERTAINMENT - ANY STORES THAT ARE CLOSED UNTIL END OF 2018 FY SHALL BE MADE IN ACCORDANCE WITH LIQUIDATION AGREEMENTS.TRANS WORLD ENTERTAINMENT - WITHOUT FURTHER CONSENT OF WELLS FARGO REMAINING STORE CLOSURES IN FISCAL YEAR ENDING FEB 2, 2019 SHALL NOT EXCEED 35.  Full Article

Trans World Entertainment Q2 Loss Per Share $0.26
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Trans World Entertainment Corp ::TRANS WORLD ENTERTAINMENT ANNOUNCES SECOND QUARTER RESULTS.Q2 LOSS PER SHARE $0.26.Q2 REVENUE FELL 0.3 PERCENT TO $102.2 MILLION.INVENTORY WAS $114.9 MILLION AT END OF Q2 OF 2018 VERSUS $126.7 MILLION AT END OF Q2 2017.  Full Article

Trans World Entertainment Says Consolidated Sales For Nine Weeks Ended Dec. 30 Fell 7 Pct
Friday, 5 Jan 2018 

Jan 4 (Reuters) - Trans World Entertainment Corp ::TRANS WORLD ENTERTAINMENT CORP - TOTAL CONSOLIDATED SALES FOR NINE WEEKS ENDED DECEMBER 30, 2017 DECREASED 7% TO $108 MILLION.TRANS WORLD ENTERTAINMENT CORP - "FYE SEGMENT CONTINUES TO BE IMPACTED BY DECLINING MALL TRAFFIC".  Full Article

Trans World Entertainment Q3 loss of $0.22/share
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Trans World Entertainment Corp ::Trans World Entertainment announces third quarter results.Q3 loss per share $0.22.Q3 same store sales in fye segment fell 11 percent.Q3 revenue rose 40.3 percent to $93 million.Says ‍inventory, including $31.5 million from etailz, was $144.8 million as of Oct 28, 2017, versus $157.8 million, as of Oct 29, 2016​.  Full Article