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Tuesday Morning Q4 revenue falls 3%, lowers outlook
Dallas -- Tuesday Morning Corp. reported Wednesday that revenue for the quarter ended June 30 declined 3% to $194.8 million, compared with $200.8 million in the year-ago period.
Same-store sales dropped 4.5% in the quarter.
The closeout retailer cut its guidance for the year.
For the full year, revenue dipped almost 1% to $821.3 million. Same-store sales fell 1.2%.
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NRF joins restaurant group in support of legislation to protect small businesses
WASHINGTON— The National Retail Federation has joined the National Restaurant Association in support of legislation that would require federal agencies to consider the impact on small businesses when establishing rules and regulations.
“This legislation would strengthen the protections for small businesses in the often-asphyxiating federal regulatory process,” the two organizations said in a letter to House Small Business Committee Chairman Sam Graves, R-Mo., and Ranking Member Nydia Velazquez, D-N.Y.