NEW YORK (AP) _ RTW Retailwinds (RTW) on Thursday reported a loss of $40.2 million in its fiscal fourth quarter.
The New York-based company said it had a loss of 62 cents per share. Losses, adjusted for asset impairment costs and non-recurring costs, came to 29 cents per share.
The women's fashion and accessories retailer posted revenue of $224 million in the period.
For the year, the company reported a loss of $61.6 million, or 96 cents per share, swinging to a loss in the period. Revenue was reported as $827 million.
In the final minutes of trading on Thursday, the company's shares hit 21 cents. A year ago, they were trading at $2.73.