Tuesday Morning Sales, Comps Grow in Q4
Home & Textiles Today Staff -- Home Textiles Today, July 27, 2013
DALLAS - Tuesday Morning Corporation earlier this month reported initial results for its fourth quarter, including a 2.9% increase in net sales and a 4.6% gain in comps.
Net sales were $202.1 million, compared to $196.4 million a year ago.
The comp increase was fueled by a 6.2% jump in customer traffic, offset by a 1.6% drop in average ticket.
For the fiscal year, net sales were up 3.1% to $838.3 million, and comparable store sales increased 3.9%.
Tuesday Morning also said that beginning with the next quarter it will no longer pre-release sales figures ahead of its full quarterly earnings report.