Tuesday Morning (TUES) Shares Hit Following Q4 Results
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Tuesday Morning Corporation Announces Fourth Quarter and Fiscal 2015 Results
August 20, 2015 4:00 PM EDTDALLAS, Aug. 20, 2015 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ: TUES), a leading off-price retailer with over 750 stores across the United States specializing in selling deeply discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts, today announced financial results for the fourth quarter and fiscal year ended June 30, 2015. Net sales for the fourth quarter increased 0.2% to $213.0 million, and comparable store sales increased 3.6%. Operating loss for the fourth quarter was $4.0 million, and diluted loss per share was $0.10, a 41% improvement over the same period in the prior year.
Michael Rouleau, Chief Executive Officer,... More
