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DALLAS, April 9, 2013 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (Nasdaq:TUES) today reported net sales for the third quarter ended March 31, 2013 increased 3.1% to $178.1 million, compared to $172.7 million for the quarter ended March 31, 2012. Comparable store sales for the quarter ended March 31, 2013 increased by 2.8% comprised of a 1.4% increase in average transaction and a 1.4% increase in customer traffic. For the nine-month period ended March 31, 2013, net sales were $636.2 million compared to $616.4 million during the same period last year. Comparable store sales for the nine-month period ended March 31, 2013 increased 3.7%.
Tuesday Morning Corporation's management will hold a conference call to review third quarter financial results on April 25, 2013 at 4:00 p.m. Central Time. The Company will release third quarter results prior to the call. A real-time webcast of the call will be available in the Investor Relations section of Tuesday Morning Corporation's web site at
http://www.tuesdaymorning.com , or you may dial into the conference at 1-877-312-5376 (no access code required).
About Tuesday Morning
Tuesday Morning is a multi-channel low cost national retail chain specializing in closeouts of medium to high-end quality home-related and name brand gifts, soft home, home furnishings, housewares, luggage, toys, seasonal, and gourmet food, offered to our customers at extreme value pricing. This "Treasure Hunt" shopping experience is provided to our many loyal customers who shop in the 829 stores we operate in 43 states.
This press release contains forward-looking statements within the meaning of the federal securities laws and the Private Securities Litigation Reform Act of 1995, which are based on management's current expectations, estimates and projections. Forward-looking statements typically are identified by the use of terms such as "may," "will," "should," "expect," "anticipate," "believe," "estimate," "intend" and similar words, although some forward-looking statements are expressed differently. You should carefully consider statements that contain these words because they describe our expectations, plans, strategies and goals and our beliefs concerning future business conditions, our future results of operations, our future financial position, and our business outlook or state other "forward-looking" information.