Tuesday Morning Corp (PK:TUEMQ)
Business Focus: Discount Stores without Groceries
| Sector: Consumer Cyclicals | Industry: Discount Stores |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 6250 Lbj Freeway DALLAS TX 75240 |
| Tel: | N/A |
| Website: | https://www.tuesdaymorning.com |
| IR: | See website |
| Key People | ||
| Andrew T. Berger Chief Executive Officer, Interim Chief Financial Officer, Director | William M. Baumann Chief Operating Officer, Interim Chief Merchant | Phillip D. Hixon Executive Vice President - Store Operations and Real Estate |
| Business Overview |
| Tuesday Morning Corporation is an off-price retailer. The Company is engaged in home and lifestyle goods, selling products in boutiques, specialty and department stores, catalogs and online retailers. The Company's primary merchandise categories are upscale home textiles, home furnishings, housewares, gourmet food, pet supplies, bath and body products, toys and seasonal decor. The Company's stores operate in both primary and secondary locations in the suburban markets. It provides mattresses, pillows, sofas, tables, electronics, household appliances, utensils, and others. The Company's subsidiaries include TMI Holdings, Inc., Tuesday Morning, Inc., Friday Morning, LLC, Days of the Week, Inc., Nights of the Week, Inc. and Tuesday Morning Partners, Ltd. |
| Financial Overview |
| For the three months ended 01 October 2022, Tuesday Morning Corp revenues decreased 11% to $157.1M. Net loss applicable to common stockholders increased 93% to $28.2M. Revenues reflect Retail Sales, Total decrease of 11% to $157.1M. Higher net loss reflects Merchandise Margins, Total -% decrease of 24% to 22%, Other income, net decrease from $49K (income) to $498K (expense), Selling. |
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