Tuesday Morning Sales Pick Up in Q3

       

       

DALLAS-Third-quarter net sales for Tuesday Morning rose 3.1 percent to $178.1 million, according to a preliminary report on the quarter from the closeout retailer.

The gain included an increase of 2.8 percent in same-store sales in the quarter, which ended on March 31. A Tuesday Morning statement said the comparable-store rise consisted of a 1.4 percent pickup in average transaction, coupled with a 1.4 percent increase in customer traffic.

For the nine months up until March 31, net sales rose 3.2 percent to $636.2 million. Same-store sales for that period were up 3.7 percent.

Tuesday Morning said it would release the full report on the third quarter on April 25.

Posted in News, Retail.

Last updated: April 9, 2013