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Tuesday Morning 2Q sales down 3.9%


DALLAS Tuesday Morning today reported 3.9% decrease in net sales for the second quarter ended Dec. 31, 2007 to $308.7 million from $321.3 million for the quarter ended December 31, 2006, reflecting a difficult selling season in the home furnishings sector.

Comparable-store sales for the quarter ended Dec. 31, 2007 decreased by 7.6%.

Based on the second quarter sales results, the company currently expects diluted earnings per share for the second quarter to be in the range of 49 cents to 51 cents. Diluted earnings per share were 57 cents for the quarter ended Dec. 31, 2006.

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