Trans World's comp sales decline in the first quarter was 10%, which improved to minus 6% in Q2, and moved to minus 4% in Q3. "We are now forecasting our annual [earnings before interest, taxes, depreciation, and amortization] in the range of 15 to $20 million," said Sullivan. The company's prior expectation was about $40 million in EBITDA. For the five-week period ended January 5, 2008, comparable store sales decreased 13%. Total sales for the five-week period decreased 24% to $264 million compared to $348 million for the same period last year. In addition to the same-store sales decline, Trans World operated 14% fewer stores, on average, during the period. For the nine-week period, total sales were $378 million compared to $469 million for the same period last year, a decrease of 19%. By category, comp sales were down 28% in music, and 7% in video, during the November/December period, reported Trans World president Jim Litwak.