Revenue Update on Trans World Entertainment Corporation(NASDAQ:TWMC)

Trans World Entertainment Corporation(NASDAQ:TWMC) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Nov 17, 2016. Earnings per share were $-0.17.

Several Insider Transactions has been reported to the SEC. On Oct 18, 2016, Josh Neblett (CEO) purchased 1,890,125 shares at $0.00 per share price.Also, On Oct 17, 2016, Lloyd I Iii Miller (10% owner) purchased 5,200 shares at $3.40 per share price.On Apr 4, 2016, Robert J Higgins (Chairman of the Board) purchased 10,000 shares at $3.73 per share price, according to the Form-4 filing with the securities and exchange commission.

Trans World Entertainment Corporation is specialty retailer company. The Company owns 100% of Record Town Inc. through which the Company’s principal operations are conducted. The Company operates retail stores and three e-commerce sites and is one of the largest specialty retailers of entertainment products including video music trend electronics video games and related products in the United States. The Company operates approximately 310 stores totaling approximately 1.8 million square feet in the United States the District of Columbia and the United States Virgin Islands. The Company operates approximately 270 mall-based stores predominantly under the For Your Entertainment (f.y.e.) brand including f.y.e. stores and video only stores. The Company operates approximately 261 traditional mall-based f.y.e. stores. The Company operates approximately nine video only stores predominately under the Suncoast Motion Pictures brand.

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