Tuesday Morning Corporation · Dallas, TX United States ·(NASDAQ (GS): TUES)
Company Description
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Tuesday Morning offers big discounts every day of the week, but not every week of the year. The closeout retailer sells discontinued merchandise from name-brand manufacturers at steep discounts. Its merchandise typically includes linens, china, cookware, rugs, and collectibles that are not seconds, irregulars, or factory rejects. Tuesday Morning's more than 850 stores, located in some 45 states, operate only during monthly "sale events" (with the exception of January and July). The fast-growing retailer keeps costs down by selling from low-rent locations and using seasonal help -- less than 25% of its workers are full-time employees. Its customers are primarily women from middle- and upper-income households. To read the full description, subscribe now.
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Key Tuesday Morning Corporation Financials
| Company Type | Public - NASDAQ (GS): TUES Headquarters |
| Fiscal Year-End | June |
| 2009 Sales (mil.) | $801.7 |
| 2009 Employees | 10,600 |
Tuesday Morning Corporation Executives
20 executives listed for Tuesday Morning Corporation's Dallas, TX location.
| Title | Name & Bio | Contact |
| Chairman | Bruce Quinnell | Network |
| President, CEO, and Director | Kathleen Mason | Network |
| EVP and COO | Michael Marchetti | Network |
Competition
Competitive Landscape for Tuesday Morning Corporation
Demand for floor coverings depends on residential and commercial real estate construction and home sales, which can be cyclical. With many costs fixed, profitability of individual companies depends on their volume of business. There are large economies of scale in manufacturing and distribution. Annual revenue per employee at large carpet mills is close to $300,000. A typical wholesale location has annual revenue of $50 million, a typical retail location about $4 million. To read the full description, subscribe now.Top Tuesday Morning Corporation Competitors
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