Tuesday Morning Corporation

OTCPK:TUEM.Q Stock Report

Market Cap: US$1.8k

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Tuesday Morning Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Andrew Berger

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownershipn/a
Management average tenureless than a year
Board average tenureless than a year

Recent management updates

Recent updates

Seeking Alpha • Sep 23

Tuesday Morning GAAP EPS of -$0.33, revenue of $161.93M

Tuesday Morning press release (NASDAQ:TUEM): Q4 GAAP EPS of -$0.33. Revenue of $161.93M (-8.7% Y/Y). Comparable store sales decreased 8.0% in the fourth quarter of fiscal 2022 versus the fourth quarter of fiscal 2021, with store inventory ending lower by 8.1% compared to the fourth quarter of fiscal 2021. Adjusted EBITDA, a non-GAAP measure, was a loss of $22.3 million for the fourth quarter of fiscal 2022. Adjusted EBITDA was a loss of $8.2 million for the fourth quarter of fiscal 2021.  Outlook: For the first quarter fiscal 2023, the Company expects comparable store sales to decrease 10% to 12% when compared to the first quarter of fiscal 2022, and for Adjusted EBITDA to be in the range of negative $21.0 million and $24.0 million. For the full year fiscal 2023, the Company expects comparable store sales to be flat to negative 3% when compared to fiscal 2022, and for Adjusted EBITDA to be in the range of negative $18.0 million and $23.0 million.   Shares +6% PM.
Seeking Alpha • Jul 29

Tuesday Morning appoints CFO, updates FQ4 and FY22 guidance

Tuesday Morning (NASDAQ:TUEM) said Executive Vice President and CFO Jennifer Robinson is leaving the retailer to pursue other opportunities, effective Aug. 15, and Principal and COO Marc Katz will assume the additional role of interim CFO. Katz will continue to report directly to CEO Fred Hand. Additionally, the company has updated its FQ4 guidance, saying it now expects comparable store sales to decrease 8% Y/Y. The previous guidance was comparable store sales to decrease 3% to 5% Y/Y. Consequently, FY22 adjusted EBITDA loss is now expected to be between $30M and $32M. The compares to the prior guidance of between $26M and $29M. FY22 consensus EPS estimate is -$0.68, while revenue estimate is $752.92M. TUEM shares were trading +0.59% post-market. Source: Press Release
Seeking Alpha • Jul 19

Tuesday Morning join forces with Intalytics on store location strategy

Tuesday Morning (NASDAQ:TUEM) has partnered with Intalytics for customized location intelligence solutions. Pursuant to the alliance, Intalytics has developed a sales forecasting model that the Tuesday Morning real estate and operations teams will utilize to refine their brick and mortar strategy. The customized analytics developed by Intalytics have been integrated within the SiteIntel platform, providing the Tuesday Morning real estate team with the ability to generate sales forecasts and cannibalization estimates for any proposed new store opening under consideration. The Tuesday Morning team will also have access to SiteIntel, a proprietary analytics platform developed by Intalytics.
Seeking Alpha • Mar 06

Retailer Tuesday Morning Is A Speculative Turnaround Trade

Retailer Tuesday Morning continues to be negatively impacted by the pandemic. The stock price hit a new low on March 4. This retailer, that relies solely on foot traffic for revenue, could be a turnaround candidate. Osmium Partners controls the company. The next quarterly report could be very weak.

CEO

Andrew Berger (50 yo)

less than a year
Tenure

Mr. Andrew T. Berger is Executive Chairman of the Board of Image Sensing Systems, Inc. He was Chief Executive Officer of Image Sensing Systems, Inc. until November 10, 2022. He served as Independent Direct...

Leadership Team

NamePositionTenureCompensationOwnership
Tai Lopez
Executive Co-Chairman of the Boardless than a yearno datano data
Alexander Mehr
Executive Co-Chairman of the Boardless than a yearno datano data
Andrew Berger
CEO, Interim CFO & Directorless than a yearno datano data
Jennyfer Gray
VP, General Counsel & Corporate Secretaryno datano datano data
Phillip Hixon
Executive Vice President of Store Operations & Real Estate9.2yrsUS$626.71k0.19%
$ 3.5
B. Young
Senior VP of Financial Planning & Analysis and Corporate Treasurerless than a yearno datano data
0.9yrs
Average Tenure
48.5yo
Average Age

Experienced Management: TUEM.Q's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Tai Lopez
Executive Co-Chairman of the Boardless than a yearno datano data
Alexander Mehr
Executive Co-Chairman of the Boardless than a yearno datano data
Andrew Berger
CEO, Interim CFO & Directorless than a yearno datano data
Rhonda Parish
Directorless than a yearno datano data
Michael Onghai
Independent Directorless than a yearno datano data
Maya Burkenroad
Directorless than a yearno datano data
Z. Zhang
Independent Directorless than a yearno datano data
0.9yrs
Average Tenure
50yo
Average Age

Experienced Board: TUEM.Q's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/25 07:26
End of Day Share Price 2023/08/23 00:00
Earnings2022/10/01
Annual Earnings2022/07/02

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tuesday Morning Corporation is covered by 11 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sarang VoraBrean Capital Historical (Janney Montgomery)
Jeffrey Van SinderenB. Riley Securities, Inc.
Hamed KhorsandBWS Financial Inc.