Tuesday Morning revises Q4 guidance
December 30, 2005,
DALLAS – Upscale closeout retailer Tuesday Morning Corp., which operates 732 stores in 46 states, revised its guidance for the fourth quarter and year ending Dec. 31, 2005.
Diluted earnings per share, based on the results, would be $0.81 to $0.84 for the fourth quarter, and $1.42 to $1.45 per diluted share for fiscal 2005. Excluding the $0.06 per diluted share lease accounting charge taken in the first quarter, diluted earnings for fiscal 2005 would be $1.48 to $1.51 versus $1.50 diluted earnings for the 2004 fiscal year.
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