Content about Tuesday Morning

October 31, 2014

Off price retailer Tuesday Morning enjoyed an 11.3% surge in its first quarter same store sales as it benefitted from the introduction of new and expanded merchandise categories.

Off price retailer Tuesday Morning enjoyed an 11.3% surge in its first quarter same store sales as it benefitted from the introduction of new and expanded merchandise categories.

July 29, 2014

Jim Wade, who has 35 years of experience in retail, is the newest member of closeout retailer Tuesday Morning’s board of directors. Wade will be part of the board’s audit committee.

Jim Wade, who has 35 years of experience in retail, is the newest member of closeout retailer Tuesday Morning’s board of directors. Wade will be part of the board’s audit committee.

June 3, 2014

Tuesday Morning Corporation has named Susan H. Davidson as SVP of marketing. She succeeds Ross Manning, who has vacated the spot to “pursue other professional opportunities,” according to the company.

Tuesday Morning Corporation has named Susan H. Davidson as SVP of marketing. She succeeds Ross Manning, who has vacated the spot to “pursue other professional opportunities,” according to the company.

September 9, 2013

Leading closeout retailer Tuesday Morning has appointed retail industry veteran Jeffrey Boyer as the company’s EVP, chief administrative officer and CFO.

DALLAS — Leading closeout retailer Tuesday Morning has appointed retail industry veteran Jeffrey Boyer as the company’s EVP, chief administrative officer and CFO.

Boyer will fill the existing chief administrative officer vacancy and will replace Stephanie Bowman as CFO. Bowman, who served as the company’s CFO since April 2008, has decided to pursue other professional interests but will remain with Tuesday Morning in a consultative capacity to facilitate a smooth transition.

August 15, 2013

As discount retailers such as TJ Maxx and Saks Off Fifth get comfortable in e-commerce territory, closeout retailer Tuesday Morning is bowing out of the digital space, according to reports.

As discount retailers such as TJ Maxx and Saks Off Fifth get comfortable in e-commerce territory, closeout retailer Tuesday Morning is bowing out of the digital space, according to reports.

May 17, 2013

Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination. Mason, who was fired last June, alleges that Tuesday Morning mistreated and then terminated her within months after learning she was suffering from breast cancer.

DALLAS — Kathleen Mason, former CEO of Tuesday Morning, has filed a lawsuit against her ex-employer in Dallas District Court claiming discrimination. Mason, who was fired last June, alleges that Tuesday Morning mistreated and then terminated her within months after learning she was suffering from breast cancer.

March 4, 2013

Tuesday Morning has named former Michaels Stores president and CEO, Michael Rouleau as its interim CEO.

DALLAS — Tuesday Morning has named former Michaels Stores president and CEO, Michael Rouleau as its interim CEO.

In his role as interim CEO, Rouleau will manage the company's day-to-day operations through the retention of a new CEO. He will continue to serve on the company's board of directors, which he joined in November 2012.

January 22, 2013

Tuesday Morning has named John Rossler as EVP, COO, effective immediately.

DALLAS — Tuesday Morning has named John Rossler as EVP, COO, effective immediately. Rossler has been serving as an executive advisor to Tuesday Morning since October, 2012, and his focus has been primarily on operational efficiencies, including overall cost control, supply chain and real estate. His distinguished career in retail includes serving as president and CEO of DSW Inc. and Retail Ventures Inc.

January 22, 2013

Tuesday Morning reported that for the second quarter, the company's net sales increased 4.5% to $285.3 million, from $273.1 million in the second quarter of fiscal 2012.

DALLAS —Tuesday Morning reported that for the second quarter, the company's net sales increased 4.5% to $285.3 million, from $273.1 million in the second quarter of fiscal 2012.

The company reportd that its net loss for the quarter was $21.5 million, or 51 cents per share.  The company reported net income of $15.9 million or 37 cents per share in the second quarter of fiscal 2012. 

September 4, 2012

Leading closeout retailer Tuesday Morning named Brady Churches as CEO three months after the departure of former CEO Kathleen Mason.

Leading closeout retailer Tuesday Morning named Brady Churches as CEO three months after the departure of former CEO Kathleen Mason.

According to the operator of 850 stores, the board was searching for what it called a "master merchandiser," and believed Churches’ track record of merchandising excellence, combined with his high-energy, entrepreneurial mindset would serve Tuesday Morning very well.

August 21, 2012

Tuesday Morning's net loss widened to $2 million, or 5 cents per diluted shared for its fourth quarter, from $1.4 million, or 3 cents per diluted share for the same period last year.

DALLAS — Tuesday Morning's net loss widened to $2 million, or 5 cents per diluted shared for its fourth quarter, from $1.4 million, or 3 cents per diluted share for the same period last year.

August 3, 2012

A lawyer representing former Tuesday Morning CEO Kathleen Mason asserts the closeout retailer fire her upon learning she was diagnosed with breast cancer.

DALLAS — A lawyer representing former Tuesday Morning CEO Kathleen Mason asserts the closeout retailer fire her upon learning she was diagnosed with breast cancer.

Kathleen Mason, the former President and CEO of the Dallas-based, closeout retailer, has filed charges of disability discrimination against her former employer with the Equal Employment Opportunity Commission (EEOC).
 

July 2, 2012

Steven Becker and Richard Willis are the newest members of the Tuesday Morning board of directors with two more directors expected to be named in the coming months.

DALLAS — Steven Becker and Richard Willis are the newest members of the Tuesday Morning board of directors with two more directors expected to be named in the coming months.

June 7, 2012

Tuesday Morning has ousted president and CEO Kathleen Mason and has begun a search for a new chief executive.

DALLAS — Tuesday Morning has ousted president and CEO Kathleen Mason and has begun a search for a new chief executive. Michael Marchetti, EVP and COO, has been promoted to president and COO and will serve as interim CEO until a replacement is found. Melinda Page, SVP, general merchandise manager has been promoted to EVP and chief merchandise officer and Seth Marks SVP of alternative sourcing and e-commerce has been promoted to SVP and chief marketing officer.

April 11, 2012

Tuesday Morning reported net sales for the third quarter ended March 31 were $172.7 million compared with $174.3 million for the quarter ended March 31, 2011, a decrease of 0.9%.

DALLAS — Tuesday Morning reported net sales for the third quarter ended March 31 were $172.7 million compared with $174.3 million for the quarter ended March 31, 2011, a decrease of 0.9%. Comparable-store sales for the quarter ended March 31 decreased by 3.2% comprised of a 1.8% decrease in traffic and a 1.4% decrease in ticket.

July 14, 2011

Tuesday Morning reported fourth-quarter net sales of $194.8 million, a decrease of 3% from last year's fourth-quarter net sales of $200.8 million.

DALLAS — Tuesday Morning  reported fourth-quarter net sales of $194.8 million, a decrease of 3% from last year's fourth-quarter net sales of $200.8 million. Comparable-store sales for the quarter decreased by 4.5%, which was comprised of a 5.4% decrease in traffic and a 0.9% increase in ticket.

June 15, 2011

Tuesday Morning has revised its fiscal year guidance and now expects total net sales to be in the range of $820 million to $830 million and comparable-store sales to be slightly negative for the full year of fiscal 2011.

DALLAS — Tuesday Morning has revised its fiscal year guidance and now expects total net sales to be in the range of $820 million to $830 million and comparable-store sales to be slightly negative for the full year of fiscal 2011. Diluted earnings, based on these sales results, are now expected to be approximately 25 cents to 30 cents per share for fiscal 2011, the company.

April 12, 2011

Tuesday Morning's third-quarter sales offered another boost to the home retail segment, albeit not to the extent of Bed Bath & Beyond or Pier 1, which reported 4Q comps of 8.5% and 8.9%, respectively.

DALLAS -- Tuesday Morning's third-quarter sales offered another boost to the home retail segment, albeit not to the extent of Bed Bath & Beyond or Pier 1, which reported 4Q comps of 8.5% and 8.9%, respectively. 

January 25, 2011

Tuesday Morning reported that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

DALLAS -- Tuesday Morning reported that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.

According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.

October 26, 2010

Dallas - Tuesday Morning Corp. reported late Monday that it reduced its loss in the quarter ended Sept. 30 to $2.6 million, compared with a loss of $4.7 million in the year-ago period.

Dallas - Tuesday Morning Corp. reported late Monday that it reduced its loss in the quarter ended Sept. 30 to $2.6 million, compared with a loss of $4.7 million in the year-ago period.

The retailer cited increased store traffic and sales for the improved performance.

Revenue for the quarter rose 4.2% to $$172.8 million, compared with $165.9 million a year earlier. Same-store sales increased 4.3 %, comprised of a 6.1% increased in traffic offset by a 1.8% decline in average ticket.