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):  October 6, 2005

Tuesday Morning Corporation

(Exact name of registrant as specified in its charter)

Delaware	0-19658	75-2398532
(State or other jurisdiction of	(Commission File Number)	(IRS Employer Identification No.)
incorporation)
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 October 6, 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 third quarter ended September 30, 2005. The release also included estimated net sales, estimated comparable store sales percentage and estimated diluted earnings per share for the full year ended December 31, 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 October 6, 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: October 6, 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 October 6, 2005

4

EX-99.1

Exhibit 99.1

	CONTACT:	Loren K. Jensen
		Chief Financial Officer
		TUESDAY MORNING
		CORPORATION
		972/934-7299
FOR IMMEDIATE RELEASE
		Laurey Peat
		LAUREY PEAT + ASSOCIATES
		214/871-8787

TUESDAY MORNING CORPORATION REPORTS

TOTAL SALES UP 3% FOR THE THIRD QUARTER OF 2005;

ADJUSTS OUTLOOK FOR REMAINDER OF 2005

DALLAS, TX – October 6, 2005 – Tuesday Morning Corporation (NASDAQ: TUES) today reported that net sales increased 3.3% to $192.3 million for the third quarter ended September 30, 2005 compared to $186.1 million for the same period in 2004.  For the year-to-date period, sales are up 5.5% to $596.6 million in 2005 compared to $565.4 million at September 30, 2004.  Comparable store sales, excluding the impact from the two hurricanes experienced on the Gulf Coast during the period, decreased 3.6% for the third quarter of 2005.  At the height of the storms, twenty-seven locations were closed due to Katrina and thirty-one locations closed due to Rita. Without the adjustment for the hurricane impact, comparable store sales declined 4.4%.  Comparable store sales decreased 3.3% for the year-to-date period.

Kathleen Mason, President and Chief Executive Officer stated, “Consumer buying patterns in the third quarter have been impacted by discretionary spending on new automobiles, significantly higher energy prices and hurricane relief efforts which resulted in lower traffic in our stores.  Even with these factors and the current retail home furnishings environment, we still expect to show almost 10% earnings per share growth for fiscal year 2005.”

Based on the third quarter sales results ending September 30, 2005, the Company currently expects diluted earnings per share in the third quarter to be approximately $0.20, an increase of 11% compared to reported earnings of $0.18 for the third quarter of 2004.

For the fiscal year ending December 31, 2005, sales for the entire fiscal year are now expected to be approximately $960 million.  Comparable store sales are expected to be approximately flat in the fourth quarter and down low-single digits for the full year.  Annual diluted earnings per share for fiscal 2005, including the one-time $0.06 charge taken in the first quarter of 2005 for lease accounting adjustments, is now expected to be approximately $1.58.  Comparable guidance for 2005 annual diluted earnings per share would have been approximately $1.64, but for the $0.06 charge.  Diluted earnings per share were $1.50 for fiscal year 2004.

Tuesday Morning management will review third quarter financial results in a teleconference call on October 25, 2005 at 10:00 a.m. Eastern Time. The Company will release third 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 713 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 Annual Report on Form 10-K for the period ending December 31, 2004.

# # #