Tuesday Morning Corp Reports Q1 Loss Per Share $0.18 [Reuters]
TUESDAY MORNING (TUES)
Last tuesday morning earnings: 2/5 08:00 am
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US:NASDAQ Investor Relations:
ir.tuesdaymorning.com/investor-relations
Company Research
Source: Reuters
Tuesday Morning Corp (TUES.OQ) Key Developments | Reuters.com Jan 31 (Reuters) - Tuesday Morning Corp ::ANNOUNCES SECOND QUARTER FISCAL 2019 RESULTS.Q2 EARNINGS PER SHARE $0.35.Q2 SALES ROSE 1.4 PERCENT TO $338.4 MILLION.Q2 SAME STORE SALES ROSE 1.9 PERCENT.EXPECTS COMPARABLE STORE SALES FOR FISCAL 2019 TO INCREASE 2% TO 3%.EXPECTS FISCAL YEAR 2019 NET LOSS TO BE APPROXIMATELY $8 MILLION TO $12 MILLION, EBITDA TO BE APPROXIMATELY $17 MILLION TO $21 MILLION.NET CAPITAL EXPENDITURES FOR FISCAL 2019 ARE EXPECTED TO BE IN RANGE OF APPROXIMATELY $12 MILLION TO $15 MILLION.ANTICIPATES ITS FISCAL 2019 ENDING NET DEBT BALANCE TO BE AT OR BELOW ITS FISCAL 2018 ENDING POSITION.PLANS TO OPEN 10 TO 12 NEW STORES, RELOCATE 12 TO 15 STORES, EXPAND ONE STORE AND CLOSE 20 TO 25 STORES IN FISCAL 2019.ON JAN 30, 2019, COMPANY AMENDED ITS $180.0 MILLION ASSET-BASED REVOLVING CREDIT FACILITY TO EXTEND MATURITY TO JAN 30, 2024.CREDIT FACILITY ORIGINALLY WAS SCHEDULED TO MATURE ON AUGUST 18, 2020. Full Ar
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