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Press Releases

Press Releases

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Summary ToggleTuesday Morning Appoints Experienced Off-Price Retailer, Marc Katz, as Interim Chief Financial Officer
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May 21, 2021
DALLAS , May 21, 2021 /PRNewswire/ -- Tuesday Morning Corporation (OTCQX: TUEM), a leading off-price retailer of home goods and décor, today announced that Mr. Marc Katz , has been named Interim Chief Financial Officer, effective immediately. Mr. Katz is a well-respected financial leader with a
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Summary ToggleTuesday Morning Appoints Experienced Off-Price Retailer, Fred Hand, as Chief Executive Officer
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May 06, 2021
DALLAS , May 6, 2021 /PRNewswire/ -- Tuesday Morning (OTCQX: TUEM), a leading off-price retailer of home goods and décor, today announced that Mr. Fred Hand , has been named Chief Executive Officer and a member of the Board of Directors, effective May 17, 2021 . Mr.
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Summary ToggleTuesday Morning Announces Successful Completion of Rights Offering
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Feb 10, 2021
DALLAS , Feb. 10, 2021 /PRNewswire/ -- Tuesday Morning (" Tuesday Morning " or the "Company") (OTCQX:TUEM) today announced that it has received gross proceeds of $40 million from the sale of  shares of common stock from its previously announced rights offering, which closed on February 9, 2021 .
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Summary ToggleTuesday Morning Successfully Completes Restructuring Process
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Jan 04, 2021
Emerges with more focused, streamlined business Additional liquidity supports long-term growth Well-positioned to serve customers as a leading off-price home goods retailer DALLAS, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Tuesday Morning and certain of its subsidiaries (collectively “Tuesday Morning” or
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Summary ToggleTuesday Morning Announces Confirmation of Plan of Reorganization
PDF Version
Dec 23, 2020
Emergence Expected by End of December  Court Approves Plan for a Stronger and More Streamlined Structure DALLAS, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Tuesday Morning and certain of its subsidiaries (collectively “Tuesday Morning” or the “Company”) today announced that the U.S.
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Summary ToggleTuesday Morning Corporation Secures $25 Million of Additional Financing to Support Financial and Operational Reorganization
PDF Version
Jun 04, 2020
DALLAS , June 04, 2020 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation  (NASDAQ: TUES) today announced that the Company has obtained a commitment from BRF Finance Co., LLC , an affiliate of B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”), for $25 million of debtor-in-possession (“DIP”)
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Summary ToggleTuesday Morning Corporation Files Chapter 11 to Pursue Financial and Operational Reorganization
PDF Version
May 27, 2020
Immense Impact of COVID-19 Forced Prolonged Closure of Entire Store Portfolio, Creating an Insurmountable Financial Hurdle Company Voluntarily Files for Protection under Chapter 11 to Reduce Outstanding Liabilities, Access Significant Capital and Realign Store and Distribution Footprint; Plans to
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Summary ToggleTUESDAY MORNING CORPORATION PROVIDES COVID-19 RELATED BUSINESS UPDATE
PDF Version
Mar 26, 2020
DALLAS , March 26, 2020 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ: TUES ) today announced that it temporarily closed all of its 687 stores across the country at 5 p.m. local time yesterday. Prior to yesterday’s closings, Tuesday Morning had approximately 400 stores closed in
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Summary ToggleTuesday Morning Corporation Announces Second Quarter Fiscal 2020 Results
PDF Version
Feb 05, 2020
• Net sales were $324.4 million in Q2 fiscal 2020 • Comparable store sales decreased 3.0% versus a 1.9% increase in the prior year; comparable transactions increased 0.7% DALLAS , Feb. 05, 2020 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ: TUES ) today reported net income of $10.9
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Summary ToggleTuesday Morning Corporation Announces Reporting Date for Second Quarter Fiscal 2020 Results
PDF Version
Jan 22, 2020
DALLAS , Jan. 22, 2020 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ: TUES ), today announced that the Company will hold a conference call to discuss its second quarter fiscal 2020 financial results and provide a general business update on Wednesday, February 5th, 2020 at 8:00 a.m.
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