Tuesday Morning 1Q Sales Up 1.3 Percent

DALLAS-First-quarter sales for Tuesday Morning rose 1.3 percent to $172.8 million, according to a preliminary statement on the closeout retailer's financial performance.

That result included a same-store sales increase of 1.7 percent, comprising a 4.7 percent gain in average ticket offset by a 3 percent drop in store traffic. Tuesday Morning also said its net loss for the quarter, which ended on Sept. 30, is expected to rise modestly versus last year's quarter. Brady Churches, who became president and CEO of Tuesday Morning in early September, said, "There is significant room for improvement on multiple fronts, and there remains much work to be done."

Tuesday Morning will release its full financial report for the first quarter on Oct. 22.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.


Current Issue

  • HFN May digital issue


    May 2017

    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money