TWE takes sales dive

8/21/2009

ALBANY, N.Y. Trans World Entertainment announced total sales for the second quarter decreased 23% to $165.7 million, compared with $215.2 million in the second quarter of 2008. Comparable-store sales in the second quarter of 2009 decreased 15%.

For the second quarter of 2009, the company's net loss was $17.8 million, or 57 cents per share compared to a net loss of $19.2 million, or 62 cents per share for the same period last year.