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Tuesday Morning posts gains for Q3

Dallas - Tuesday Morning Corporation made net sales and comp strides during its third quarter, the closeout chain reported today.

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, present in 43 states, will release its full results for the third quarter on April 25.

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