Trans World Entertainment

Trans World Entertainment Corporation was established in 1972 by our Chairman Robert J. Higgins. The company is headquartered in Albany, NY. Trans World Entertainment went public in 1986 and is traded under the symbol TWMC on the NASDAQ stock exchange. Trans World is the largest specialty entertainment retailer in the United States of music, DVDs, Blu-Ray, video game products, electronics and accessories. TWEC owns and operates over 300 mall and freestanding retail stores across the United States and Puerto Rico, including: f.y.e. (For Your Entertainment), Suncoast and Second Spin. The company enjoys a competitive and entrepreneurial culture that promotes innovation, excellence and ownership. TWEC is a fast-moving and nimble environment that requires a strong sense of urgency, accountability and responsiveness. The leadership is collaborative and passionate and rewards a high energy, high drive, and high integrity style.
Company Growth (employees)
Type
Public
HQ
Albany, US
Founded
1972
Size (employees)
1,100 (est)
Website
twec.com
Trans World Entertainment was founded in 1972 and is headquartered in Albany, US

Trans World Entertainment Office Locations

Trans World Entertainment has an office in Albany
Albany, US (HQ)
38 Corporate Cir

Trans World Entertainment Data and Metrics

Trans World Entertainment Financial Metrics

Trans World Entertainment's revenue was reported to be $353.5 m in FY, 2017
USD

Revenue (FY, 2017)

353.5 m

Gross profit (FY, 2017)

134.7 m

Gross profit margin (FY, 2017), %

38%

Net income (FY, 2017)

3.2 m

EBIT (FY, 2017)

(3.9 m)

Market capitalization (22-Aug-2017)

57.9 m

Cash (31-Mar-2017)

11.5 m
Trans World Entertainment's current market capitalization is $57.9 m.
USDFY, 2013FY, 2015FY, 2016FY, 2017

Revenue

393.7 m358.5 m353.5 m353.5 m

Revenue growth, %

(1%)

Cost of goods sold

245.8 m222.6 m218.8 m218.8 m

Gross profit

147.9 m135.9 m134.7 m134.7 m

Gross profit Margin, %

38%38%38%38%

General and administrative expense

137.5 m132.1 m139.7 m139.7 m

Operating expense total

137.5 m132.1 m139.7 m139.7 m

EBIT

10.4 m3.8 m(3.9 m)(3.9 m)

EBIT margin, %

3%1%(1%)(1%)

Interest expense

2 m2 m775 k775 k

Pre tax profit

8.4 m1.9 m(3.6 m)(3.6 m)

Income tax expense

168 k116 k(6.8 m)(6.8 m)

Net Income

8.3 m1.8 m3.2 m3.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

9.4 m9.7 m9.5 m9.8 m10.5 m12.2 m13.4 m13.2 m102 m

Cost of goods sold

5 m5.1 m4.9 m5 m5.4 m6.7 m7.2 m7 m65.7 m

Gross profit

4.4 m4.6 m4.6 m4.7 m5.1 m5.5 m6.2 m6.2 m36.3 m

Gross profit Margin, %

47%47%48%49%48%45%46%47%36%

General and administrative expense

3.1 m3 m3.3 m3.3 m3 m3.5 m3 m3 m3.9 m

Operating expense total

3.1 m3 m3.3 m3.3 m3 m3.5 m3 m3 m3.9 m

EBIT

(4.6 m)(4 m)676 k(2.6 m)(3.8 m)(685 k)(4.5 m)(7.8 m)(5.2 m)

EBIT margin, %

(49%)(41%)7%(26%)(36%)(6%)(34%)(59%)(5%)

Interest expense

2 k9 k31 k40 k69 k62 k63 k60 k83 k

Pre tax profit

74 k928 k

Income tax expense

47 k21 k44 k44 k45 k47 k48 k(7.5 m)(334 k)

Net Income

647 k868 k523 k710 k1.2 m1 m1.6 m1.9 m594 k
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

131 m6.6 m118.5 m28 m28 m

Accounts Receivable

2.7 m3.5 m7.1 m7.1 m

Inventories

9.1 m14.7 m

Current Assets

291 m7.4 m255.2 m169.3 m169.3 m

PP&E

37.1 m41.5 m

Goodwill

6.1 m5.3 m5 m39.2 m39.2 m

Total Assets

312.4 m49.5 m280 m307.8 m307.8 m

Accounts Payable

77.6 m1 m63.5 m52.3 m52.3 m

Total Debt

1.1 m938 k938 k

Current Liabilities

96.7 m5.5 m81.7 m70.7 m70.7 m

Non-Current Liabilities

640 k4.4 m7.5 m10.6 m

Total Liabilities

97.3 m9.9 m89.2 m81.4 m109.9 m

Common Stock

583 k583 k643 k643 k

Additional Paid-in Capital

314.9 m52.9 m315.5 m338.1 m338.1 m

Retained Earnings

99.3 m(13.8 m)84.3 m90.2 m90.2 m

Total Equity

41.9 m39.6 m40.2 m197.9 m197.9 m

Debt to Equity Ratio

0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

7.5 x1.3 x7 x1.6 x1.6 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

6.1 m4.5 m6.3 m6.6 m8.3 m12.3 m13.4 m16 m11.5 m

Current Assets

6.8 m5.3 m7.3 m7.5 m9.3 m13.5 m14.4 m16.8 m13.8 m

PP&E

38.7 m37.6 m37.8 m47.2 m

Goodwill

6 m5.6 m4.7 m5.1 m5.1 m5.2 m5.1 m5.1 m4.9 m

Total Assets

47.1 m49.7 m44.5 m51.9 m53.5 m59.1 m58.7 m61.3 m71.2 m

Accounts Payable

286 k548 k620 k394 k533 k609 k364 k343 k1.2 m

Current Liabilities

3.6 m4.4 m4.6 m4.9 m5.4 m7.8 m7.3 m7.4 m9.2 m

Non-Current Liabilities

601 k4.8 m3.8 m8.3 m8.1 m7.7 m7.4 m7.3 m14.3 m

Common Stock

583 k583 k583 k583 k583 k585 k585 k643 k643 k

Additional Paid-in Capital

52.8 m52.8 m53.3 m53.3 m53.3 m53.9 m53.9 m54.2 m55.1 m

Retained Earnings

(15.3 m)(14.4 m)(13.3 m)(12.6 m)(11.4 m)(8.9 m)(7.3 m)(5.4 m)(3 m)

Total Equity

42.9 m40.5 m36.1 m38.7 m40 m43.5 m44 m46.6 m47.7 m

Financial Leverage

1.1 x1.2 x1.2 x1.3 x1.3 x1.4 x1.3 x1.3 x1.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

2.4 m2.6 m3.9 m6.3 m3.2 m

Depreciation and Amortization

1.6 m1.6 m1.9 m2.2 m

Accounts Receivable

(53 k)(861 k)(1.8 m)(1.8 m)

Inventories

(9 k)

Accounts Payable

(1.4 m)549 k(14.1 m)(4.5 m)(4.5 m)

Cash From Operating Activities

3.4 m4.7 m7.2 m10.9 m4.4 m

Purchases of PP&E

(780 k)(644 k)(944 k)(2.7 m)

Cash From Investing Activities

(2 m)(8.4 m)(1.2 m)(7.9 m)(57.3 m)

Long-term Borrowings

(1.7 m)

Dividends Paid

(16 m)(16 m)(16 m)

Cash From Financing Activities

(1.9 m)4.5 m(460 k)(573 k)(7.3 m)

Interest Paid

60 k50 k206 k243 k775 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

647 k868 k523 k710 k1.2 m1 m1.6 m1.9 m594 k

Depreciation and Amortization

413 k402 k395 k446 k504 k500 k686 k504 k570 k

Accounts Payable

286 k548 k620 k394 k533 k

Cash From Operating Activities

(24.8 m)(25 m)(12 m)(18.1 m)(26.2 m)(8.3 m)(17 m)(30.2 m)(13.9 m)

Cash From Investing Activities

(5.4 m)(7.4 m)(3.4 m)(8.1 m)(16.1 m)(2.6 m)(6.1 m)(51.9 m)9.1 m

Dividends Paid

(16 m)(16 m)(16 m)(16 m)(16 m)

Cash From Financing Activities

(18.4 m)(19.3 m)(609 k)(1 m)(1.4 m)(2.6 m)(2.6 m)(1.4 m)(2.6 m)
USDY, 2017

Revenue/Employee

321.3 k

Financial Leverage

1.5 x

Trans World Entertainment Operating Metrics

FY, 2015Q1, 2015Q2, 2015Q3, 2015FY, 2016Q1, 2016Q2, 2016Q3, 2016FY, 2017Q1, 2017

Stores (U.S.)

310310308309299290290294284273

Suppliers

500400400

Stock Keeping Units (etailz)

30 k

    Trans World Entertainment Market Value History

    Trans World Entertainment Revenue Breakdown

    Traffic Overview of Trans World Entertainment

    Trans World Entertainment Online and Social Media Presence

    Trans World Entertainment News and Updates

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