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Article: TUESDAY MORNING CORPORATION ANNOUNCES FOURTH QUARTER SALES
- Article from:
- PR Newswire
- Article date:
- January 7, 1993
CopyrightCOPYRIGHT 1993 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS, Jan. 7 /PRNewswire/ -- Tuesday Morning Corporation (NASDAQ: TUES) announced record sales from its stores and new catalog division for the quarter ended Dec. 31, 1992 of $70.7 million from $53.7 million the prior year, an increase of 31.7 percent. Comparable store sales increased 9.5 percent for the quarter ended Dec. 31, 1992. Sales for the year ended Dec. 31, 1992 increased 29.5 percent to $159.8 million from $123.4 million the prior year. Comparable store sales increased 8.2 percent for the year.
The company also announced that the increases in selling, general and administrative expenses experienced during the third quarter continued into the fourth quarter. ...