Trans World Entertainment: Slumps after reporting wider Q3 loss

Kaspien Holdings

18/12/2019 16:26

** Shares of the entertainment products retailer  TWMC.O 
down 22.8% at $2.5, biggest loser on Nasdaq
    ** Co's Q3 loss per share widens to $12.73 from $7.74 a year
earlier  urn:newsml:reuters.com:*:nL8N28R6CP
    ** Q3 rev. falls 24.5% to $69.5 mln 
    ** TWMC says Q3 results include non-cash charges due to
impairment of certain long lived assets amounting to $16 mln
    ** Including session's losses, stock down ~80% YTD 

 (Reporting by Shradha Singh in Bengaluru)
 ((Shradha.Singh@thomsonreuters.com; within U.S. +1 646 223 8780
Ext: 2439, outside U.S. +91 80 6749 2439;))