Tuesday Morning (TUES) Misses Q3 EPS by 3c

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Tuesday Morning Corporation Announces Third Quarter Fiscal 2017 Results

May 4, 2017 8:01 AM EDT

DALLAS, May 04, 2017 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ: TUES), a leading off-price retailer currently with over 720 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 third quarter and nine months ended March 31, 2017.

For the third quarter, net sales were $203.0 million, a decrease of $8.4 million from the prior year period.  Comparable store sales decreased 2.7%.  Operating loss for the third quarter was $14.7 million.  Net loss for the third quarter was $14.8 million.  Diluted... More