Tuesday Morning (TUES) Misses Q1 EPS by 1c, Comps Up 3.6%

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Tuesday Morning Corporation Announces First Quarter Fiscal 2016 Results

October 29, 2015 4:00 PM EDT

DALLAS, Oct. 29, 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 first quarter ended September 30, 2015.

Net sales were $202.3 million for the first quarter, slightly higher than the prior year period and the company ended the first quarter with a store count of 757, a decrease of 44 stores year over year. Comparable store sales increased 3.6%. Operating loss for the first quarter was... More