Tuesday Morning Corporation Announces Third Quarter 2012 Results

(GLOBE NEWSWIRE) -- Tuesday Morning Corporation today reported that, as previously announced, net sales for the third quarter of fiscal 2012 were $172.7 million compared to $174.3 million for the quarter ended March 31, 2011, a decrease of 0.9%. Comparable store sales decreased 3.2% for the third quarter of fiscal 2012 as compared to the same period last year. The decrease in comparable store sales was comprised of a 1.8% decrease in traffic and a 1.4% decrease in average ticket. Net loss for the third fiscal quarter ended March 31, 2012 was $4.2 million, or $0.10 per share, compared