-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VaFflEL3HNqRHRuuxVO788IFeyAeXAq7/S+eW8czp5htg6jF+Er3/a6YtjRiiexp SeudxFJkOZrak+dczlNscg== 0001104659-05-031442.txt : 20050707 0001104659-05-031442.hdr.sgml : 20050707 20050707100732 ACCESSION NUMBER: 0001104659-05-031442 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050707 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050707 DATE AS OF CHANGE: 20050707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TUESDAY MORNING CORP/DE CENTRAL INDEX KEY: 0000878726 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 752398532 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19658 FILM NUMBER: 05942461 BUSINESS ADDRESS: STREET 1: 6250 LBJ FREEWAY CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 2143873562 MAIL ADDRESS: STREET 1: 6250 LBJ FREEWAY CITY: DALLAS STATE: TX ZIP: 75240 8-K 1 a05-11932_18k.htm 8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 


 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 


 

Date of Report (Date of earliest event reported):  July 7, 2005

 


 

Tuesday Morning Corporation

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-19658

 

75-2398532

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

6250 LBJ Freeway
Dallas, Texas

 

75240

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (972) 387-3562

 

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 2.02 Results of Operations and Financial Condition.

 

On July 7, 2005, Tuesday Morning Corporation, a Delaware corporation, issued a press release announcing net sales, comparable store sales percentage and estimated diluted earnings per share for the second quarter ended June 30, 2005.  The press release is attached to this Form 8-K as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(c)           Exhibits

 

Exhibit
Number

 

Exhibit Title

99.1

 

Press release dated July 7, 2005

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

TUESDAY MORNING CORPORATION

 

 

 

 

Date: July 7, 2005

 

By:

/s/ LOREN K. JENSEN

 

 

 

Loren K. Jensen

 

 

Executive Vice President and Chief

 

 

Financial Officer

 

3



 

EXHIBIT INDEX

 

Exhibit
Number

 

Exhibit Title

99.1

 

Press release dated July 7, 2005

 

4


EX-99.1 2 a05-11932_1ex99d1.htm EX-99.1

Exhibit 99.1

 

FOR IMMEDIATE RELEASE

 

CONTACT:

 

Loren K. Jensen

 

 

Chief Financial Officer

 

 

TUESDAY MORNING

 

 

CORPORATION

 

 

972/934-7299

 

 

 

 

 

Laurey Peat

 

 

LAUREY PEAT + ASSOCIATES

 

 

214/871-8787

 

TUESDAY MORNING CORPORATION

ANNOUNCES 4% INCREASE IN SECOND QUARTER NET SALES

 

DALLAS, TX – July 7, 2005 — Tuesday Morning Corporation (NASDAQ: TUES) today reported that net sales increased 3.8% to $218.8 million for the second quarter ended June 30, 2005 compared to $210.7 million for the same period in 2004.  For the year-to-date period, sales are up 6.6% to $404.4 million in 2005 compared to $379.3 million at June 30, 2004.  Comparable store sales decreased 4.7% for the second quarter and 2.7% for the year-to-date period.

 

“This quarter we were going up against a very strong 6.6% comparable store gain in the second quarter of last year.  We are pleased to report that traffic was substantially equivalent to the strongest quarter of last year and that we expect to maintain solid earnings for the quarter,” stated Kathleen Mason, president and chief executive officer.  “Inventory levels are well under control and we continue to see excellent merchandise opportunities in the market for driving business in the back half of the year.”

 

Based on the second quarter sales results ending June 30, 2005, the Company currently expects diluted earnings per share in the second quarter to be approximately $0.25, an increase of 4% compared to reported earnings of $0.24 for the second quarter of 2004.

 

Tuesday Morning Corporation management will review second quarter financial results in a

 



 

teleconference call on July 21, 2005 at 10:00 a.m. Eastern Time. The Company will release second quarter results prior to the call.

 

About Tuesday Morning

Tuesday Morning is the leading closeout retailer of upscale, decorative home accessories and famous-maker gifts in the United States. The Company opened its first store in 1974 and currently operates 692 stores in 45 states during periodic “sale events.” Tuesday Morning is nationally known for bringing its more than 7.5 million loyal customers a treasure hunt of high-end, first quality, brand name merchandise at prices 50% to 80% below department and specialty stores and catalogues.

 

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.  Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements.  Forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected or implied in the forward-looking statements.  Such risks and uncertainties include: the success of new store openings, competitive factors, access to merchandise and unanticipated changes in consumer demand and economic trends, as well as other risks detailed in the company’s filings with the Securities and Exchange Commission, including the Company’s Registration Statement on Form S-3 and Annual Report on Form 10-K for the period ending December 31, 2004.

 

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