Tuesday Morning Reaffirms Outlook For FY18

(RTTNews) - Off-price retailer Tuesday Morning Corp. (TUES) Thursday reaffirmed its previously issued outlook for fiscal 2018.

At the investor meetings in New York, the company said the new outlook includes an expected increase in comparable store sales in the range of 2 to 5 percent and a significant improvement in EBITDA.

The Company also expects an increase in comparable store sales for its fiscal first quarter in the same 2-5 percent range including the impact of the recent hurricanes.

Steven Becker, CEO of Tuesday Morning said, "We are pleased with the current trend of our business despite the impact of hurricanes within our first fiscal quarter... We are on the path to delivering a significant improvement in EBITDA for fiscal 2018."