Tuesday Morning (TUES) Misses Q2 EPS by 12c

Go back to Tuesday Morning (TUES) Misses Q2 EPS by 12c

Tuesday Morning Corporation Announces Second Quarter Fiscal 2016 Results

January 29, 2016 8:30 AM EST

DALLAS, Jan. 29, 2016 (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 second quarter and six months ended December 31, 2015.

Net sales were $319.9 million for the second quarter, an increase of $18.5 million from the prior year period.  Comparable store sales increased 8.4%.  Operating income for the second quarter was $20.6 million.  Diluted income per share was $0.43.

Steve Becker, Chief Executive Officer, stated, We are... More