Inactive Instrument

RTW Retailwinds, Inc.

Equities

RTWIQ

US74980D1000

Rtw Retailwinds, Inc. Reports Earnings Results for the Third Quarter Ended November 2, 2019

December 05, 2019 at 09:05 pm

RTW Retailwinds, Inc. announced earnings results for the third quarter ended November 2, 2019. For the third quarter, the company announced sales was USD 200.117 million compared to USD 210.758 million a year ago. Operating loss was USD 12.066 million compared to operating Income of USD 1.573 million a year ago. Net loss was USD 11.649 million compared to net income of USD 1.725 million a year ago. Basic loss per share was USD 0.18 compared to basic earnings per share of USD 0.03 a year ago. For the nine months, sales was USD 602.974 million compared to USD 645.957 million a year ago. Operating loss was USD 22.089 million compared to operating Income of USD 8.105 million a year ago. Net loss was USD 21.388 million compared to net income of USD 7.878 million a year ago. Basic loss per share was USD 0.33 compared to basic earnings per share of USD 0.12 a year ago.

Latest news about RTW Retailwinds, Inc.

RTW Retailwinds, Inc. Went Out of Business	31/12/20	CI
Joint Liquidation Plan Approved for RTW Retailwinds, Inc.	10/12/20	CI
Motion for Asset Sale Approved for RTW Retailwinds, Inc.	16/11/20	CI
First Motion for Exclusivity Period Extension Approved For RTW Retailwinds, Inc.	29/10/20	CI
Disclosure Statement Approved for RTW Retailwinds, Inc.	29/10/20	CI
Motion for Asset Sale Filed by RTW Retailwinds, Inc.	07/10/20	CI
First Motion for Exclusivity Period Extension Filed by RTW Retailwinds, Inc.	06/10/20	CI
Saadia Group, LLC completed the acquisition of E-Commerce business from a group of sellers.	30/09/20	CI
Joint Liquidation Plan and Disclosure Statement Filed by RTW Retailwinds, Inc.	30/09/20	CI
DIP Financing Approved for RTW Retailwinds, Inc.	15/09/20	CI
Motion for Asset Sale Approved for RTW Retailwinds, Inc.	04/09/20	CI
Consumer Cos Flat As California Covid Case Growth Slows -- Consumer Roundup	31/08/20	DJ
Saadia Group, LLC entered into an asset purchase agreement to acquire E-Commerce business from a group of sellers for $40 million.	30/08/20	CI
Notice of Selection of Successful Bidder Filed by RTW Retailwinds, Inc.	28/08/20	CI
Sunrise Brands, LLC cancelled the acquisition of E-Commerce business of RTW Retailwinds, Inc. (OTCPK:RTWI.Q), Lerner New York Holding, Inc., Lernco, Inc., Lerner New York, Inc., Lerner New York GC, LLC, Lerner New York Outlet, Inc., New York & Company Stores, Inc, FTF GC, LLC, Lerner New York FTF, LLC, Fashion to Figure, LLC and FTF IP Company, Inc.	27/08/20	CI
Motion For Asset Sale Approved on Final Basis - Store Closing Sales for RTW Retailwinds, Inc.	08/08/20	CI
Bidding Procedure Approved for RTW Retailwinds, Inc.	08/08/20	CI
Consumer Cos Up On Hopes That Coronavirus Spread Is Slowing -- Consumer Roundup	04/08/20	DJ
Stalking Horse Agreement Filed by RTW Retailwinds, Inc.	03/08/20	CI
Sunrise Brands, LLC entered into an asset purchase agreement to acquire E-Commerce business of RTW Retailwinds, Inc. (OTCPK:RTWI.Q), Lerner New York Holding, Inc., Lernco, Inc., Lerner New York, Inc., Lerner New York GC, LLC, Lerner New York Outlet, Inc., New York & Company Stores, Inc, FTF GC, LLC, Lerner New York FTF, LLC, Fashion to Figure, LLC and FTF IP Company, Inc. for $20 million.	02/08/20	CI
RTW Retailwinds Reportedly To Sell Its E-Commerce Business	22/07/20	CI
Motion for Asset Sale Filed by RTW Retailwinds, Inc.	17/07/20	CI
Motion For Asset Sale Approved on Interim Basis - Store Closing Sales for RTW Retailwinds, Inc.	15/07/20	CI
Motion for Joint Administration Approved for RTW Retailwinds, Inc.	15/07/20	CI
RTW Retailwinds, Inc. Filed for Bankruptcy	13/07/20	CI

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RTW Retailwinds Inc. is a specialty women's omni-channel retailer. The Company operates approximately 387 retail and outlet in over 33 states. The Company's portfolio includes branded merchandise from New York & Company, Fashion to Figure, and collaborations with Eva Mendes, Gabrielle Union and Kate Hudson. The Company's branded merchandise is sold exclusively at its retail locations and online at www.nyandcompany.com, www.nyandcompanycloset.com, www.fashiontofigure.com, and www.happyxnature.com. The Company offers a merchandise assortment consisting of wear-to-work, casual apparel and accessories, including pants, dresses, jackets, knit tops, blouses, sweaters, denim, t-shirts, activewear, handbags, jewelry and shoes. The Company's stores are concentrated in medium to large population centers of the United States and are located in shopping malls, lifestyle centers, outlet centers, and off-mall locations, including urban street locations.

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