Trans World Entertainment slips 33% post Q2 results [Seeking Alpha]
TRANS WORLD ENTERTAINMENT (TWMC)
US:NASDAQ Investor Relations:
twec.com
Company Research
Source: Seeking Alpha
Trans World Entertainment slips 33% post Q2 results Trans World Entertainment ( TWMC -33.3% Fye revenue was $41.7M (-17.4% Y/Y); comparable store sales were down 1.2%. Etailz revenue was $34.3M (-33.6% Y/Y), decline was due to the vendor rationalization and remediation initiative. Q2 Gross margin improved by 156 bps Loss from operations reduced to $7.4M, from $9.39M last year same quarter. Adj. EBITDA loss was $6.35M, compare to loss of $6M a year ago. SG&A was $31.46M (-17.6% Y/Y) and percentage of revenue 41.4% up by 404 bps. Cash used in operations YTD was $14.96M, compared to $32.94M a year ago. Company has 203 stores in operation as of August 3, 2019, compared to 241 a year ago. August 15th, 2019, Company effected a 1-20 reverse stock split of its common stock. All share and earnings per share information have been retroactively adjusted to reflect this reverse stock split.
Show less
Read more
Impact Snapshot
Event Time:
TWMC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TWMC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TWMC alerts
High impacting TRANS WORLD ENTERTAINMENT news events
Weekly update
A roundup of the hottest topics