Tuesday Morning Q4 Loss Widens - Quick Facts

(RTTNews) - Housewares and accessories retailer Tuesday Morning Corp. (TUES) reported fourth-quarter net loss of $15.6 million or $0.37 per share, wider than $2.0 million or $0.05 per share in the comparable quarter last year.

Non-GAAP adjusted net loss was $5.4 million or $0.13 per share, wider than $0.7 million or $0.02 per share in the same period last year. On average, analysts polled by Thomson Reuters expected the company to report breakeven per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the latest fourth quarter rose to $202.13 million from $196.38 million in the year-ago period.