Tuesday Morning Q4 Loss Narrows - Quick Facts

(RTTNews) - Housewares and accessories retailer Tuesday Morning Corp. (TUES) reported fourth-quarter net loss of $7.4 million or $0.17 per share, narrower than $15.6 million or $0.37 per share in the comparable quarter last year.

Non-GAAP adjusted net loss narrowed to $3.4 million or $0.08 per share, from $5.4 million or $0.13 per share in the year-ago period. On average, five analysts polled by Thomson Reuters expected the company to report a loss of $0.07 per share. Analysts' estimates typically exclude special items.

Net sales for the latest fourth quarter rose 5.2% to $212.63 million from $202.13 million in the year-ago period, while three analysts expected revenue of $213.11 million for the quarter.