DALLAS, July 13, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Tuesday Morning Corp. (Nasdaq:TUES). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/TUES
TUES is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.
Tuesday Morning Corp. (TUES) operates as a closeout retailer of upscale home furnishings, housewares, gifts and related items in the United States. The Company purchases brand name merchandise at closeout pricing, and in turn, sells it at prices below those generally charged by department stores, and specialty and catalog retailers. It does not sell seconds, irregulars, refurbished or factory rejects. The Company's customers are predominantly women from middle to upper-income households. TUES's merchandise primarily consists of lamps, rugs, kitchen accessories, small electronics, gourmet housewares, linens, luggage, bedroom and bathroom accessories, toys, stationary and silk plants, as well as crystal, collectibles and silver serving pieces. It specializes in brand name merchandise, which includes Calphalon cookware, Krups, KitchenAid and Cuisinart appliances, Sferra linens, Donna Karan bath towels, Samsonite luggage, Wallace and Gorham flatware, Lenox and Dansk tabletop, Marquis crystal, Steinbach and Hummel collectibles, Madame Alexander dolls, Royal Doulton and Wedgwood china, and giftware and many others.
Message Board Search for TUES: http://www.boardcentral.com/boards/TUES
In the report, the analyst notes:
"TUES shares were boosted after the Company's fourth-quarter profit forecast topped analysts' expectations on sales growth. The upbeat forecast came in after the Company reported a 6% increase in its comparable store sales for the quarter ended June 30, 2010, which is comprised of a 5.7% increase in traffic and a 0.3% increase in ticket. The Company reported fourth-quarter net sales of $200.8 million, representing growth of 6.4% over the fourth quarter of fiscal 2009.
"Based on improved sales, the Company expects to earn 2 cents a share to 4 cents a share in the fourth quarter, ahead of the penny per share expected by analysts polled by Thomson Reuters."
To read the entire report visit: http://www.microstockprofit.com/lp/TUES
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