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Trans World Entertainment posts 4Q loss

ALBANY, N.Y. (AP) _ Trans World Entertainment Corp. (TWMC) on Thursday reported a fiscal fourth-quarter loss of $32.5 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Albany, New York-based company said it had a loss of 90 cents. Losses, adjusted for asset impairment costs, came to 10 cents per share.

The specialty retailer posted revenue of $145.4 million in the period.

For the year, the company reported a loss of $42.6 million, or $1.18 per share, swinging to a loss in the period. Revenue was reported as $442.9 million.

The company's shares closed at $1.75. A year ago, they were trading at $2.15.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWMC at https://www.zacks.com/ap/TWMC