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Tuesday Morning Corporation Message Board

  • raminvestor1 raminvestor1 Jul 5, 2013 9:36 AM Flag

    $12.00 before earnings?

    If so then 13.00 or higher afterwards

    Sentiment: Strong Buy

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    • Did not quite hit $12.00 prior ( I believe 11.77 one day) but may soon after today's report.

      Sentiment: Strong Buy

    • beetleruss Jul 5, 2013 8:10 PM Flag

      You just don't get it, do you? TUES has been in clearance mode for this current quarter with discounts up to 80% off on some clearance items. Positive earnings (profits) are highly unlikely for this quarter. We will hopefully start to see what the new lineup of merchandise looks like. Having said that, I think there is serious doubt as to whether or not the old Tuesday Morning business model works any more. Drab off-the-beaten-track may give TUES flexibility in quickly ditching locations that don't pan out but the lack of dressing them up make TUES stores look very ghetto. Using secondary locations is largely what contributed to Circuit City's downfall. Make your stores inconvenient enough to get to and your prospective shoppers will choose merchants with better locations.

      TUES's trump card used to be some truly great deals. What I've seen lately is goods at or above the prices for identical goods sold by other stores and goods made for a specific price point. The door buster deals largely aren't there any more. Maybe it's a case of manufacturers pretesting new products more thoroughly, manufacturers producing goods in smaller lots, or one of manufacturers having more options for unloading discontinued goods. As I've said before, I just don't see any strong draw that TUES has for mature, professional women to rummage through its stores. When you consider that TUES has practically no current fashions in clothing for women, men, or children, I just don't see any plausible reason to expect throngs of shoppers to show up TUES stores. We're talking about drawing in mature, professional women (many with children to care for). The proposition of a retail scavenger hunt with no real prize doesn't add up to me. TUES is but a glimmer of what it used to be.

12.98-0.01(-0.08%)May 22 4:00 PMEDT