-
Tuesday Morning quarterly profits down
DALLAS -- Tuesday Morning reported that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.
Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.
According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.
-
Panasonic expands digital camera line with launch of LUMIX FX78
SECAUCUS, N.J. -- Panasonic announced the launch of the LUMIX FX78. This digital camera, which is part of the LUMIX FX series, features a new Smart Touch operation on the large 3.5-inch 16:9 aspect LCD, allowing for intuitive touch operation, including Touch AF, Touch Zoom, Touch Shutter and Touch Playback, the company reported. The LUMIX FX78 also incorporates a new LEICA DC VARIO-SUMMARIT, 24mm ultra-wide angle lens that has a 5x optical zoom with F2.5 aperture.