Tuesday Morning (TUES) Tops Q1 EPS by 4c

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Tuesday Morning Corporation Announces First Quarter Fiscal 2017 Results

October 27, 2016 8:30 AM EDT

DALLAS, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ: TUES), a leading off-price retailer with nearly 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, 2016.

For the first quarter, net sales were $211.9 million, an increase of $9.6 million from the prior year period.  Comparable store sales increased 5.1%.  Operating loss for the first quarter was $9.2 million.  Net loss for the first quarter was $8.9 million.  Diluted loss per share... More