Corporation
14% for the nine-week period ended
ended
the nine-week period were
period last year, a decrease of 24%. Total sales for the five-week period
decreased 22% to
last year. During the nine-week period, the Company operated an average of 18%
fewer stores than last year.
“Sales for the holiday season were well below our expectations,” commented
Entertainment
expectations, we now anticipate EBITDA for the fourth quarter of
million
million
million
For the eleven-month period ended
decreased 11%. Total sales for the period decreased 22% to
compared to
month period, the Company operated an average of 18% fewer stores than last
year.
2009
can listen to the simultaneous webcast on the Company’s corporate website,
www.twec.com.
software, including music, video and video games and related products. The
Company operates retail stores in the
the
your entertainment and Suncoast and on the web at www.fye.com,
www.wherehouse.com, www.secondspin.com, www.samgoody.com and www.suncoast.com.
Certain statements in this release set forth management’s intentions,
plans, beliefs, expectations or predictions of the future based on current
facts and analyses. Actual results may differ materially from those indicated
in such statements. Additional information on factors that may affect the
business and financial results of the Company can be found in filings of the
Company with the
SOURCE
CONTACT:
EVP, Chief
Financial Officer
+1-518-452-1242
or
Board for
+1-212-827-3773
Web Site: http://www.twec.com