The CEO of Tuesday Morning (NASDAQ: TUES) is Buying Shares

By Carrie Williams

Yesterday, the CEO of Tuesday Morning (NASDAQ: TUES), Steven R. Becker, bought shares of TUES for $179.2K.

Following this transaction Steven R. Becker’s holding in the company was increased by 3.19% to a total of $11.24 million. In addition to Steven R. Becker, one other TUES executive reported Buy trades in the last month.

Based on Tuesday Morning’s latest earnings report from September 30, the company posted quarterly revenue of $211.9M and GAAP net loss of $8.86M. In comparison, last year the company earned revenue of $202.3M and had a GAAP net loss of $6.14M. TUES’s market cap is $202.9M and the company has a P/E ratio of 225. The company has a one year high of $9.23 and a one year low of $4.40.

The insider sentiment on Tuesday Morning has been positive according to 23 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Tuesday Morning Corp. engages in the retail of decorative home accessories, housewares and gifts. The company product portfolio includes home decor, furniture, bed and bath, kitchen, toys, crafts, pets and seasonal goods. Its brands include Peacock Alley, Sferra, Lenox, Waterford and Hartmann. The company was founded by Lloyd Ross in 1974 and is headquartered in Dallas, TX.