Tuesday Morning Posts Gains
Home & Textiles Today Staff -- Home Textiles Today, May 3, 2013
DALLAS - Tuesday Morning Corporation made net sales and comp strides during its third quarter, the closeout chain reported last week.
Net sales for the quarter, which ended March 31, increased 3.1% to $178.1 million, compared to $172.7 million a year ago.
Comparable store sales were up 2.8%, comprised of 1.4% bumps in both average transaction and customer traffic.
Year to date, net sales were $636.2 million, a 3.2% increase versus last year's $616.4 million. Comps for the nine months were up 3.7%.
The 829-unit chain, which operates in 43 states, will release its full results for the third quarter on April 25.