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Tuesday Morning Corporation(TUES) is a deep discount, closeout retailer selling upscale brand name home furnishings and related gift items at 50% to 80% below department and specialty store prices. The company operates a retail chain of over 400 stores in 36 States. Tuesday Morning is well positioned in the home furnishings industry offering an exciting mix of quality merchandise at very good value points. The company continues to show improvement in operating performance driven by strong sales growth and lower operating costs. Their concentration on improving productivity along with healthy increases on the top line should lead to an expanding profit margin and a further expansion of their multiple. Tuesday Morning is selling for less than 10 times next year's earnings and its long term growth rate is more than twice its PE. This stock is dirt cheap. This is an Unmoderated Thread. But let's be nice and respectful to all participants, whether they be bullish or bearish. We want to learn from one another here and, above all, profit from investing/trading Tuesday Morning Corporation. | ||||||||||||||
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