Tuesday Morning swings to loss in Q4

Dallas -- Tuesday Morning Corp. reported Monday that it swung to a loss of $1.4 million in the quarter ended June 30, compared with a profit of $1.3 million in the year-ago period.



Revenue fell 3% to $194.8 million, from $200.8 million last year. Same-store sales declined 4.5%.



For the year, net income fell 11% to $9.6 million. Revenue dipped nearly 1% to $821.2 million.