Tuesday Morning (TUES) Reports Q3 Sales; Cuts FY11 Outlook
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Tuesday Morning (Nasdaq: TUES) reports Q3 sales of $174.3 million, vs. cons. of $181.1 million and compared to $172 million for the same quarter last year. Same-store sales rose 1.3%.
Sees a Q3 loss of 7-9c, vs. the consensus of a 5c loss.
Lowers FY11 sales guidance from $870-$880 million to $830-$836 million, vs. the consensus of $847.50 million. EPS move from 37-41c to 30-34c, vs. the consensus of 38c.
Sees a Q3 loss of 7-9c, vs. the consensus of a 5c loss.
Lowers FY11 sales guidance from $870-$880 million to $830-$836 million, vs. the consensus of $847.50 million. EPS move from 37-41c to 30-34c, vs. the consensus of 38c.
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