Tuesday Morning (TUES) Q4 Comps Fell 12.7%; Guides Q4/FY08 EPS

July 10, 2008 8:15 AM EDT
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Price: $0.28 --0%

Financial Fact:
Net sales: 211.89M

Today's EPS Names:
BTTX, VAXX, ELYS, More
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Tuesday Morning Corporation (Nasdaq: TUES) reports Q4 sales came in at $196.5 million, compared to $219.4 million in the same quarter last year. The Street consensus for the quarter is $209.46 million.

Same store sales for the quarter fell 12.7%.

Sees a Q4 loss of $0.05-$0.08. Sees FY08 EPS in the range of $0.33-$0.36. The Street estimates are currently ($0.05) for Q4 and $0.36 for FY08.

Tuesday Morning Corporation operates as a closeout retailer of upscale home furnishings, housewares, gifts, and related items in the United States.

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Guidance, Retail Sales