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More on Tuesday Morning (TUES): FQ1 comes in mixed, beating on its top line but coming up short...
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Monday, October 22, 2012, 4:52 PM ETMore on Tuesday Morning (TUES): FQ1 comes in mixed, beating on its top line but coming up short on a per share basis. Total sales were tepid, posting just a 1.7% gain Y/Y, as a 4.7% increase in average ticket sales was largely offset by a 3.0% decrease in traffic. Gross margins also constricted to 37.6% as compared to 38.1% in the prior year period.
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