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Tuesday Morning cfo to resign in January

12/10/2007

DALLAS Elizabeth Schroeder, evp, cfo, secretary and treasurer of Tuesday Morning, will resign from the company effective Jan. 15, 2008, the company reported in an SEC filing.

Tuesday Morning reported net sales of $201.7 million for the first quarter of fiscal 2008 compared to $194.4 million in previous year, an increase of 3.7%. The company reported a comparable-store sales decrease of 1.5%. Net income for the first quarter was $1.2 million or 3 cents per diluted share, compared to $3.2 million or 8 cents per diluted share last year, a decrease of $2 million or 5 cents per diluted share.

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