Filed under: Stocks to Buy
As talk of a double-dip recession picks up and consumers progressively tighten their purse strings, the future is looking better and better for discount retailers like Tuesday Morning (TUES).
Tuesday Morning is a closeout retailer of upscale home furnishings, house wares, gifts, and related items that is seeing an increase in both shoppers and the amount those shoppers are spending at their stores.
The company announced Monday that it earned earned $1.3 million, or 3 cents per share, last quarter -- compared to a loss of $1.6 million, or 4 cents per share, a year earlier.
Continue reading Tuesday Morning Benefits as Consumers Tighten Purse Strings
Tuesday Morning Benefits as Consumers Tighten Purse Strings originally appeared on BloggingStocks on Mon, 23 Aug 2010 15:40:00 EST. Please see our terms for use of feeds.
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