Tuesday Morning (TUES) Same Store Sales for Q1 Fell 17.3%; Guides Q1 Below the Street
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Tuesday Morning Corporation (Nasdaq: TUES) today reported sales for Q1 of $173.4 million, which compares to $201.7 million in the same quarter last year. Same store sales for the quarter decreased 17.3%.
Tuesday Morning sees a Q1 loss of $0.09-$0.11, versus the consensus of a $0.03 loss. Without the impact of hurricanes Ike and Gustav, EPS for the quarter would have been in the range of ($0.07) to ($0.09).
Tuesday Morning Corporation operates as a closeout retailer of upscale home furnishings, house ware, gifts, and related items in the United States.
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GuidanceRetail Sales
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