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Ticker:TUES
Company Name: Tuesday Morning Corp.

Business Overview from 10-K filing for Tuesday Morning Corp.:

We are a leading closeout retailer of upscale home furnishings, gifts and related items in the United States. We opened our first store in 1974 and currently operate 662 stores in 43 states at December 31, 2004. Our stores operate during periodic “sales events,” each of which lasts from four to five weeks. We are generally closed for the first few weeks of January and July, which are traditionally weak months for retailers. We purchase first quality, brand name merchandise at closeout and sell it at prices 50% to 800elow those generally charged by department stores and specialty and catalog retailers. We do not sell seconds, irregulars or factory rejects. We believe that our well recognized, first quality brand name merchandise and value-based pricing have enabled us to establish and maintain strong customer loyalty.     

View the full TUES chart at Wikinvest

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