Tuesday Morning (TUES) Shares Hit Following Q4 Results

Tuesday Morning (Nasdaq: TUES) shares are getting hit Friday following quarterly and annual results issued last night.

After markets closed Thursday, TUES reported Q4 EPS of ($0.10), $0.09 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $213 million versus the consensus estimate of $219.58 million.

Comparable store sales increased 3.6% compared to the same period a year ago, and were comprised of a 2.8% increase in customer transactions and a 0.8% increase in average ticket.

For FY15, Tuesday Morning reported adjusted EPS of $0.24, versus $0.01 posted for 2014. GAAP EPS was $0.24, from a loss of $0.24 per share last year.

Tuesday Morning is down 38 percent.

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