DALLAS–Citing "continued pressure on the home furnishings sector," Tuesday Morning Corp. revised its sales expectations for the fiscal year ending June 30.
The firm said that it now expects sales between $943 million and $955 million, with negative same-store sales in the low-single digits, according to a statement issued this morning.
The revised sales guidance would translate into lowered earnings per diluted share of 58 to 65 cents.