Tuesday Morning Corp. reports Q2 results
Closeout retailer of upscale home furnishings Tuesday Morning Corp. (Nasdaq: TUES) today reported results for its second-quarter that were inline with analyst estimates.
For the three months ended June 30, the Dallas, Texas-based company recorded net income of $2.0 million, or $0.05 per diluted share, right in line with the consensus of 14 analysts surveyed by Thomson Financial. This compares with net income of $2.9 million, or $0.07 per diluted share, last year.
Net sales for the second quarter clocked in at $219.4 million, a shade below the $220.69 million expected by the Street. Last year, Tuesday Morning racked in sales of $207.7 million.
Shares of Tuesday Morning were halted in pre-market trading.
