Tuesday Morning Reports Q3 Sales of $174.3 million

Tuesday Morning Corporation TUES reported its Q3 net sales at $174.3 million, up from $172.0 million in the year-ago quarter. The company's comparable store sales for the third quarter increased .7%. However, analysts expected Q3 revenue of $181 million. Tuesday Morning projects Q3 loss per share of $0.09 to $0.07 per share, versus the expected loss of $0.05 per share. TUES projects FY11 revenue of $830 million to $836 million, versus the consensus of $847.5 million. The company expects FY11 EPS of $0.30 to $0.34, versus the consensus of $0.38. TUES shares gained 1.40% to close at $5.06 yesterday. Read more from Benzinga's Company news.