| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
85 |
| Employees |
8,000 |
| Revenues (TTM) (Millions $) |
750 |
| Net Income (TTM) (Millions $) |
-59 |
| Cash Flow (TTM) (Millions $) |
-98 |
| Capital Exp. (TTM) (Millions $) |
12 |
Business Description
Tuesday Morning Corp is a Texas-based retail chain company that provides top quality home furnishing and d'cor, bedding, bath products, housewares, gourmet food, and giftware at exceptional prices. The companyes product line includes designer and name-brand home d'cor merchandise that range from luxurious beddings, furniture, rugs, towels, bath items, and much more.
The company was founded in 1974 by Lloyd Ross, in Dallas, Texas, and has been operating steadily for over 45 years. Over time, the company has undergone different changes, such as the acquisition of other firms like HomeGoods, TJ Maxx, and Marshalls, which were later sold. The current CEO of Tuesday Morning Corp is Steven R. Becker, who has been in the position since 2019.
Tuesday Morning operates over 600 stores in the United States, with locations in 41 states. These stores are located in malls, shopping centers, and stand-alone outlets. The company's customer base includes a wide range of shoppers, from those who are just starting out, thrifty moms, upscale fashionistas, to design enthusiasts.
Tuesday Morning Corporation is known as the treasure hunt shopping destination, where customers can find unique home d'cor products, high-end designer goods, and branded items at prices that are 20-60% below other retailers' prices.
In 2020, Tuesday Morning filed for Chapter 11 bankruptcy due to financial struggles caused by the COVID-19 pandemic. The company had to restructure its business, which involved closing a few of its stores while keeping the majority of the outlets open. The restructuring process was completed in late 2020, and Tuesday Morning emerged stronger than ever.
Overall, Tuesday Morning Corp is a reputable and appreciated brand that provides high-quality products at exceptional prices. The company's primary focus is on providing customers with a unique shopping experience and excellent customer service. With over 45 years of experience, they are well-positioned to continue serving their customers' needs for many years to come.
Company Address: 6250 LBJ Freeway Dallas 75240 TX
Company Phone Number: 387-3562 Stock Exchange / Ticker: NASDAQ TUEM
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