Latest Trans World Entertainment (TWMC) Headlines
Trans World Entertainment Announces Fourth Quarter And Annual Results
PR Newswire - Thu Mar 06, 6:30AM CST
Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its fourth quarter and fiscal year ended February 1, 2014. For the thirteen weeks ended February 1, 2014 ("Fourth Quarter"), the Company reported net income of $12.5 million, or $0.39 per diluted share and for the 52 weeks ended February 1, 2014 ("Fiscal 2013"), the Company reported net income of $8.3 million, or $0.25 per diluted share. For the fourteen weeks ended February 2, 2013, the Company reported net income of $35.0 million, or $1.09 per diluted share and for the 53 weeks ended February 2, 2013 ("Fiscal 2012"), the Company reported net income of $33.7 million, or $1.06 per diluted share. Fiscal 2012 results included a one-time gain of $22.8 million from the sale of real property in Miami, Florida. Excluding the gain, the Company recorded net income of $12.2 million, or $0.38 per diluted share for the fourth quarter, and $10.9 million, or $0.34 per diluted share for Fiscal 2012.
Trans World Entertainment To Host Fourth Quarter And Annual 2013 Results Conference Call
PR Newswire - Thu Feb 27, 6:30AM CST
Trans World Entertainment Corporation (Nasdaq: TWMC) announced today that it will host a teleconference call for members of the financial community on Thursday, March 6, 2014 at 10:00 AM ET to discuss its press release regarding its Fourth Quarter and Annual results, which will be issued on the same day before the market opens. This call will be simultaneously webcast at the Company's website, www.twec.com.
Trans World key Dec. sales figure down 5.4 percent
AP - Thu Jan 09, 4:44PM CST
ALBANY, N.Y. (AP) — Trans World Entertainment Corp.'s revenue at stores open at least a year fell 5.4 percent in December, sending the company's shares lower Thursday.
Trans World Entertainment Announces Holiday Sales Results
PR Newswire - Thu Jan 09, 7:49AM CST
Trans World Entertainment Corporation (NASDAQ: TWMC) today reported a comparable store sales decrease of 5.4% for the five-week period ended January 4, 2014. Comparable store sales for the nine-week period ended January 4, 2014 decreased 6.0%. Total sales for the nine-week period were $115 million compared to $128 million for the same period last year, a decrease of 10.2%. The Company operated an average of 5% fewer stores during the nine-week period as compared to last year.
Trans World Announces The Death Of Board Member Isaac Kaufman
PR Newswire - Mon Dec 30, 6:30AM CST
Trans World Entertainment Corporation (NASDAQ: TWMC) today announced that Isaac Kaufman, a member of the Board of Directors, passed away on December 24, 2013.
Deep Value Opportunities Few as 2014 Approaches
at The Street - Tue Dec 24, 8:46AM CST
Richardson Electronics and Trans World Entertainment are two net/nets with market caps greater than $100 million.
Trans World Entertainment Announces Third Quarter Results
PR Newswire - Thu Nov 21, 6:30AM CST
Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its third quarter ended November 2, 2013. For the third quarter of 2013, the Company reported a net loss of $3.3 million, or a loss of $0.10 per share, compared to a net loss of $2.2 million, or a loss of $0.07 per share, for the same period last year.
Trans World Entertainment To Host Third Quarter 2013 Results Conference Call
PR Newswire - Thu Nov 14, 6:30AM CST
Trans World Entertainment Corporation (Nasdaq: TWMC) announced today that it will host a teleconference call for members of the financial community on Thursday, November 21, 2013 at 10:00 AM ET to discuss its press release regarding its Third Quarter results, which will be issued on the same day before the market opens. This call will be simultaneously webcast at the Company's website, www.twec.com.
Trans World Entertainment Announces Second Quarter Results
PR Newswire - Thu Aug 22, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its second quarter ended August 3, 2013. For the second quarter of 2013, the Company reported a net loss of $2.5 million, or a loss of $0.08 per diluted share, compared to a net loss of $1.9 million, or a loss of $0.06 per diluted share, for the same period last year.
Trans World Entertainment To Host Second Quarter 2013 Results Conference Call
PR Newswire - Thu Aug 15, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) announced today that it will host a teleconference call for members of the financial community on Thursday, August 22, 2013 at 10:00 AM ET to discuss its press release regarding its Second Quarter results, which will be issued on the same day before the market opens. This call will be simultaneously webcast at the Company's website, www.twec.com.
Trans World Entertainment Announces The Appointment Of Martin Hanaka To Its Board Of Directors
PR Newswire - Wed Aug 14, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today announced that Martin Hanaka has been appointed to the Company's Board of Directors. Mr. Hanaka recently was the Interim Chief Executive Officer of Guitar Center, Inc. from January 2013 to April 2013. Previously, Mr. Hanaka served as the Chairman of Golfsmith International Holdings, Inc. from April 2007 to November 2012 and was the Chief Executive Officer from June 2008 to November 2012. From September 1998 to August 2003, Mr. Hanaka served as the Chief Executive Officer of The Sports Authority Inc. and served as Chairman from November 1999 through June 2004. From August 1994 to October 1997, he served as the President and Chief Operating Officer of Staples Inc. and served as a member of the Board of Directors. He is currently a Director of Guitar Center and has served on a dozen public and private boards of directors, including Trans World's from 1998 through 2009. During his tenure on the Company's Board, he served in various roles including Presiding Director and Chairman of the Compensation Committee.
Trans World Entertainment Has Returned 30.3% Since SmarTrend Recommendation (TWMC)
Comtex SmarTrend(R) - Fri Aug 09, 9:39AM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 30.30% as of today's recent price of $5.01.
Trans World Entertainment Announces Final Results of Self-Tender Offer
PR Newswire - Fri Aug 02, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today announced the final results of its modified "Dutch auction" tender offer to purchase up to $25 million in value of the Company's common stock, $0.01 par value per share (the "Shares"), at a price of not less than $4.50 and not greater than $5.10 per Share (in increments of $0.05) (the "Tender Offer"), which expired at 12:00 midnight, New York City time, on Monday, July 29, 2013. Based on a final count by Computershare Trust Company, N.A., the depositary for the Tender Offer, a total of 417,615 Shares were properly tendered and not withdrawn in the Tender Offer at or below a price of $5.10 per Share. Accordingly, based on the final results, the Company has accepted for purchase 417,615 Shares at a purchase price of $5.10 per Share, for a total cost of $2.1 million. These Shares represent approximately 1.3% of the Shares outstanding as of August 2, 2013. The Depositary will promptly issue payment for the Shares accepted for purchase.
32.9% Return Seen to Date on SmarTrend Trans World Entertainment Call (TWMC)
Comtex SmarTrend(R) - Thu Aug 01, 5:08PM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 32.90% as of today's recent price of $5.11.
Trans World Entertainment Announces Preliminary Results Of Self-Tender Offer
PR Newswire - Tue Jul 30, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today announced the preliminary results of its modified "Dutch auction" tender offer to purchase up to $25 million in value of the Company's common stock, $0.01 par value per share (the "Shares"), at a price of not less than $4.50 and not greater than $5.10 per Share (in increments of $0.05) (the "Tender Offer"), which expired at 12:00 midnight, New York City time, on Monday, July 29, 2013. Based on a preliminary count by Computershare Trust Company, N.A., the depositary for the Tender Offer, a total of 417,615 Shares were properly tendered and not withdrawn in the Tender Offer at or below a price of $5.10 per Share, including 44,540 Shares that were tendered through notice of guaranteed delivery. Accordingly, based on the preliminary results, the Company expects to purchase 417,615 Shares, for a total cost of $2.1 million. These Shares represent approximately 1.3% of the Shares outstanding as of July 29, 2013.
Shares of TWMC Up 33.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Jul 25, 11:18AM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 33.94% as of today's recent price of $5.15.
Trans World Entertainment Shares Up 34.7% Since SmarTrend's Buy Recommendation (TWMC)
Comtex SmarTrend(R) - Thu Jul 18, 9:53AM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 34.72% as of today's recent price of $5.18.
Uptrend Call Working As Trans World Entertainment Stock Rises 36.7% (TWMC)
Comtex SmarTrend(R) - Thu Jul 11, 9:23AM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 36.67% as of today's recent price of $5.26.
Trans World Entertainment Up 30.3% Since SmarTrend Uptrend Call (TWMC)
Comtex SmarTrend(R) - Wed Jul 03, 5:10PM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 7 months, Trans World Entertainment has returned 30.30% as of today's recent price of $5.01.
Trans World Entertainment Commences Tender Offer To Purchase Up To $25 Million In Value Of Its Common Stock
PR Newswire - Mon Jul 01, 8:51AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today announced that it had commenced a "modified Dutch auction" tender offer to purchase up to $25 million in value of the Company's common stock, $0.01 par value per share (the "Shares"), at a price of not less than $4.50 and not greater than $5.10 per share (in increments of $0.05) (the "Tender Offer"). The Tender Offer will expire at 12:00 midnight, New York City time, on July 29, 2013, unless extended. The Company announced its intention to make the Tender Offer on June 27, 2013. On June 26, 2013, the last full trading day prior to the announcement of the Tender Offer, the last reported sale price of the Shares was $4.94 per Share.
Trans World Entertainment Announces Fourth Quarter And Annual Results
PR Newswire - Thu Mar 06, 6:30AM CST
Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its fourth quarter and fiscal year ended February 1, 2014. For the thirteen weeks ended February 1, 2014 ("Fourth Quarter"), the Company reported net income of $12.5 million, or $0.39 per diluted share and for the 52 weeks ended February 1, 2014 ("Fiscal 2013"), the Company reported net income of $8.3 million, or $0.25 per diluted share. For the fourteen weeks ended February 2, 2013, the Company reported net income of $35.0 million, or $1.09 per diluted share and for the 53 weeks ended February 2, 2013 ("Fiscal 2012"), the Company reported net income of $33.7 million, or $1.06 per diluted share. Fiscal 2012 results included a one-time gain of $22.8 million from the sale of real property in Miami, Florida. Excluding the gain, the Company recorded net income of $12.2 million, or $0.38 per diluted share for the fourth quarter, and $10.9 million, or $0.34 per diluted share for Fiscal 2012.
Trans World Entertainment To Host Fourth Quarter And Annual 2013 Results Conference Call
PR Newswire - Thu Feb 27, 6:30AM CST
Trans World Entertainment Corporation (Nasdaq: TWMC) announced today that it will host a teleconference call for members of the financial community on Thursday, March 6, 2014 at 10:00 AM ET to discuss its press release regarding its Fourth Quarter and Annual results, which will be issued on the same day before the market opens. This call will be simultaneously webcast at the Company's website, www.twec.com.
Trans World key Dec. sales figure down 5.4 percent
AP - Thu Jan 09, 4:44PM CST
ALBANY, N.Y. (AP) — Trans World Entertainment Corp.'s revenue at stores open at least a year fell 5.4 percent in December, sending the company's shares lower Thursday.
Trans World Entertainment Announces Holiday Sales Results
PR Newswire - Thu Jan 09, 7:49AM CST
Trans World Entertainment Corporation (NASDAQ: TWMC) today reported a comparable store sales decrease of 5.4% for the five-week period ended January 4, 2014. Comparable store sales for the nine-week period ended January 4, 2014 decreased 6.0%. Total sales for the nine-week period were $115 million compared to $128 million for the same period last year, a decrease of 10.2%. The Company operated an average of 5% fewer stores during the nine-week period as compared to last year.
Trans World Announces The Death Of Board Member Isaac Kaufman
PR Newswire - Mon Dec 30, 6:30AM CST
Trans World Entertainment Corporation (NASDAQ: TWMC) today announced that Isaac Kaufman, a member of the Board of Directors, passed away on December 24, 2013.
Deep Value Opportunities Few as 2014 Approaches
at The Street - Tue Dec 24, 8:46AM CST
Richardson Electronics and Trans World Entertainment are two net/nets with market caps greater than $100 million.
Trans World Entertainment Announces Third Quarter Results
PR Newswire - Thu Nov 21, 6:30AM CST
Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its third quarter ended November 2, 2013. For the third quarter of 2013, the Company reported a net loss of $3.3 million, or a loss of $0.10 per share, compared to a net loss of $2.2 million, or a loss of $0.07 per share, for the same period last year.
Trans World Entertainment To Host Third Quarter 2013 Results Conference Call
PR Newswire - Thu Nov 14, 6:30AM CST
Trans World Entertainment Corporation (Nasdaq: TWMC) announced today that it will host a teleconference call for members of the financial community on Thursday, November 21, 2013 at 10:00 AM ET to discuss its press release regarding its Third Quarter results, which will be issued on the same day before the market opens. This call will be simultaneously webcast at the Company's website, www.twec.com.
Trans World Entertainment Announces Second Quarter Results
PR Newswire - Thu Aug 22, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today reported financial results for its second quarter ended August 3, 2013. For the second quarter of 2013, the Company reported a net loss of $2.5 million, or a loss of $0.08 per diluted share, compared to a net loss of $1.9 million, or a loss of $0.06 per diluted share, for the same period last year.
Trans World Entertainment To Host Second Quarter 2013 Results Conference Call
PR Newswire - Thu Aug 15, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) announced today that it will host a teleconference call for members of the financial community on Thursday, August 22, 2013 at 10:00 AM ET to discuss its press release regarding its Second Quarter results, which will be issued on the same day before the market opens. This call will be simultaneously webcast at the Company's website, www.twec.com.
Trans World Entertainment Announces The Appointment Of Martin Hanaka To Its Board Of Directors
PR Newswire - Wed Aug 14, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today announced that Martin Hanaka has been appointed to the Company's Board of Directors. Mr. Hanaka recently was the Interim Chief Executive Officer of Guitar Center, Inc. from January 2013 to April 2013. Previously, Mr. Hanaka served as the Chairman of Golfsmith International Holdings, Inc. from April 2007 to November 2012 and was the Chief Executive Officer from June 2008 to November 2012. From September 1998 to August 2003, Mr. Hanaka served as the Chief Executive Officer of The Sports Authority Inc. and served as Chairman from November 1999 through June 2004. From August 1994 to October 1997, he served as the President and Chief Operating Officer of Staples Inc. and served as a member of the Board of Directors. He is currently a Director of Guitar Center and has served on a dozen public and private boards of directors, including Trans World's from 1998 through 2009. During his tenure on the Company's Board, he served in various roles including Presiding Director and Chairman of the Compensation Committee.
Trans World Entertainment Has Returned 30.3% Since SmarTrend Recommendation (TWMC)
Comtex SmarTrend(R) - Fri Aug 09, 9:39AM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 30.30% as of today's recent price of $5.01.
Trans World Entertainment Announces Final Results of Self-Tender Offer
PR Newswire - Fri Aug 02, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today announced the final results of its modified "Dutch auction" tender offer to purchase up to $25 million in value of the Company's common stock, $0.01 par value per share (the "Shares"), at a price of not less than $4.50 and not greater than $5.10 per Share (in increments of $0.05) (the "Tender Offer"), which expired at 12:00 midnight, New York City time, on Monday, July 29, 2013. Based on a final count by Computershare Trust Company, N.A., the depositary for the Tender Offer, a total of 417,615 Shares were properly tendered and not withdrawn in the Tender Offer at or below a price of $5.10 per Share. Accordingly, based on the final results, the Company has accepted for purchase 417,615 Shares at a purchase price of $5.10 per Share, for a total cost of $2.1 million. These Shares represent approximately 1.3% of the Shares outstanding as of August 2, 2013. The Depositary will promptly issue payment for the Shares accepted for purchase.
32.9% Return Seen to Date on SmarTrend Trans World Entertainment Call (TWMC)
Comtex SmarTrend(R) - Thu Aug 01, 5:08PM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 32.90% as of today's recent price of $5.11.
Trans World Entertainment Announces Preliminary Results Of Self-Tender Offer
PR Newswire - Tue Jul 30, 6:30AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today announced the preliminary results of its modified "Dutch auction" tender offer to purchase up to $25 million in value of the Company's common stock, $0.01 par value per share (the "Shares"), at a price of not less than $4.50 and not greater than $5.10 per Share (in increments of $0.05) (the "Tender Offer"), which expired at 12:00 midnight, New York City time, on Monday, July 29, 2013. Based on a preliminary count by Computershare Trust Company, N.A., the depositary for the Tender Offer, a total of 417,615 Shares were properly tendered and not withdrawn in the Tender Offer at or below a price of $5.10 per Share, including 44,540 Shares that were tendered through notice of guaranteed delivery. Accordingly, based on the preliminary results, the Company expects to purchase 417,615 Shares, for a total cost of $2.1 million. These Shares represent approximately 1.3% of the Shares outstanding as of July 29, 2013.
Shares of TWMC Up 33.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Jul 25, 11:18AM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 33.94% as of today's recent price of $5.15.
Trans World Entertainment Shares Up 34.7% Since SmarTrend's Buy Recommendation (TWMC)
Comtex SmarTrend(R) - Thu Jul 18, 9:53AM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 34.72% as of today's recent price of $5.18.
Uptrend Call Working As Trans World Entertainment Stock Rises 36.7% (TWMC)
Comtex SmarTrend(R) - Thu Jul 11, 9:23AM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 8 months, Trans World Entertainment has returned 36.67% as of today's recent price of $5.26.
Trans World Entertainment Up 30.3% Since SmarTrend Uptrend Call (TWMC)
Comtex SmarTrend(R) - Wed Jul 03, 5:10PM CDT
SmarTrend identified an Uptrend for Trans World Entertainment (NASDAQ:TWMC) on November 28th, 2012 at $3.85. In approximately 7 months, Trans World Entertainment has returned 30.30% as of today's recent price of $5.01.
Trans World Entertainment Commences Tender Offer To Purchase Up To $25 Million In Value Of Its Common Stock
PR Newswire - Mon Jul 01, 8:51AM CDT
Trans World Entertainment Corporation (Nasdaq: TWMC) today announced that it had commenced a "modified Dutch auction" tender offer to purchase up to $25 million in value of the Company's common stock, $0.01 par value per share (the "Shares"), at a price of not less than $4.50 and not greater than $5.10 per share (in increments of $0.05) (the "Tender Offer"). The Tender Offer will expire at 12:00 midnight, New York City time, on July 29, 2013, unless extended. The Company announced its intention to make the Tender Offer on June 27, 2013. On June 26, 2013, the last full trading day prior to the announcement of the Tender Offer, the last reported sale price of the Shares was $4.94 per Share.
