Company Secures $51.5 Million Debtor-in-Possession Financing Commitment from Invictus Global Management to Support Ongoing Operations During Proceedings
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Chapter 11 Filing is Intended to Reduce Outstanding Liabilities, Provide Access to Significant Capital and Position the Company to Return to Serving Heritage Markets in a Profitable Manner Company Secures $51.5 Million Debtor-in-Possession Financing Commitment from Invictus Global Management to Support Ongoing Operations During Proceedings Tuesday Morning Corp. (OTC:TUEM) ("Tuesday Morning" or the "Company"), a leading off-price retailer of home goods and décor, today announced that it is pursuing a financial and operational reorganization to enable the Company to reduce its outstanding liabilities, obtain significant and necessary capital, and ultimately transform into a nimbler retailer
DALLAS, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ:TUEM) ("Tuesday Morning" or the "Company"), a leading off-price retailer of home goods and décor, today announced that it has notified The Nasdaq Stock Market LLC ("Nasdaq") of the Company's decision to voluntarily delist its common stock from the Nasdaq Capital Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about January 2, 2023. As a result, the Company expects the delisting of its common stock to become effective on or about January 12, 2023. As previously disclosed in the Company's Current Report on Form 8-K filed on November 10, 2022, the Company's
DALLAS, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ:TUEM), a leading off-price retailer of home goods and décor, today announced its results for the first quarter fiscal 2023 ended October 1, 2022. Andrew Berger, Chief Executive Officer, stated, "Our first quarter sales performance was inline with our expectations as our teams navigated a challenging consumer environment as well as the previously discussed disruption in receipt flow due to the timing of the finalization of our strategic investment late in the quarter. As we look ahead to the remainder of the year and beyond, I look forward to working with our teams to execute our plans to drive traffic and profit
Completes debt transaction improving liquidityQ3 fiscal 2022 comparable store sales increased 0.6% versus Q3 fiscal 2021 DALLAS, May 12, 2022 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ:TUEM), a leading off-price retailer of home goods and décor, today announced its results for the third quarter of fiscal 2022 ended April 2, 2022. Fred Hand, Chief Executive Officer, stated, "We are very pleased to announce the completion of a debt transaction that results in a number of benefits including improved liquidity, and a $5 million reduction on our term loan." Mr. Hand, continued, "Our comparable store sales increase through February was in line with our expectations
DALLAS, May 06, 2022 (GLOBE NEWSWIRE) -- Tuesday Morning (NASDAQ:TUEM), a leading off-price retailer of home goods and décor, today announced that the Company will hold a conference call to discuss its third quarter fiscal 2022 financial results on Thursday, May 12, 2022 at 8:00 am Central Time. A press release detailing the Company's financial results will be issued before the market opens and prior to the conference call. A live webcast of the conference call will be available in the investor relations section of the Company's website, www.tuesdaymorning.com. Investors and analysts interested in listening to the call are invited to dial 877-407-9716, or 201-493-6779 if calling internati
Q2 fiscal 2022 comparable store sales increased 1.0% versus Q2 fiscal 2020 First six months of fiscal 2022 comparable store sales increased 1.9% versus first six months of fiscal 2020 DALLAS, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ:TUEM), a leading off-price retailer of home goods and décor, today announced its results for the second quarter of fiscal 2022 ended December 31, 2021. Fred Hand, Chief Executive Officer, stated, "We are pleased with our overall execution during the second quarter and with the fact that we achieved a positive comparable store increase versus fiscal 2020 despite ending with 26% less store inventory and being up against 14 promotio
8-K - TUESDAY MORNING CORP/DE (0000878726) (Filer)
8-K - TUESDAY MORNING CORP/DE (0000878726) (Filer)
8-K - TUESDAY MORNING CORP/DE (0000878726) (Filer)
SC 13D/A - TUESDAY MORNING CORP/DE (0000878726) (Subject)
SC 13G/A - TUESDAY MORNING CORP/DE (0000878726) (Subject)
SC 13G/A - TUESDAY MORNING CORP/DE (0000878726) (Subject)
Chapter 11 Filing is Intended to Reduce Outstanding Liabilities, Provide Access to Significant Capital and Position the Company to Return to Serving Heritage Markets in a Profitable Manner Company Secures $51.5 Million Debtor-in-Possession Financing Commitment from Invictus Global Management to Support Ongoing Operations During Proceedings Tuesday Morning Corp. (OTC:TUEM) ("Tuesday Morning" or the "Company"), a leading off-price retailer of home goods and décor, today announced that it is pursuing a financial and operational reorganization to enable the Company to reduce its outstanding liabilities, obtain significant and necessary capital, and ultimately transform into a nimbler retailer
DALLAS, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ:TUEM) ("Tuesday Morning" or the "Company"), a leading off-price retailer of home goods and décor, today announced that it has notified The Nasdaq Stock Market LLC ("Nasdaq") of the Company's decision to voluntarily delist its common stock from the Nasdaq Capital Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about January 2, 2023. As a result, the Company expects the delisting of its common stock to become effective on or about January 12, 2023. As previously disclosed in the Company's Current Report on Form 8-K filed on November 10, 2022, the Company's
DALLAS, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (NASDAQ:TUEM), a leading off-price retailer of home goods and décor, today announced a 1-for-30 reverse split of its common stock, par value $0.01, effective at 5:00 p.m. Eastern time on Wednesday, November 30, 2022. Tuesday Morning's common stock will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the symbol TUEM and will begin trading on a split-adjusted basis when the market opens on Thursday, December 1, 2022. The new CUSIP number for Tuesday Morning's common stock following the reverse stock split will be 89904V200. On September 28, 2022, the majority holder of Tuesday Morning's common stock approv
4 - TUESDAY MORNING CORP/DE (0000878726) (Issuer)
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3 - TUESDAY MORNING CORP/DE (0000878726) (Issuer)
Company Secures $51.5 Million Debtor-in-Possession Financing Commitment from Invictus Global Management to Support Ongoing Operations During Proceedings
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Gainers Tuesday Morning (NASDAQ:TUEM) stock rose 83.5% to $0.78 during Tuesday's regular session. Trading volume for Tuesday Morning's stock is 214.9K as of 12:30 EST. This is 81.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $4.6 million. Elys Game Technology (NASDAQ:ELYS) shares moved upwards by 43.63% to $0.6. The current volume of 14.2 million shares is 515.2% of Elys Game Technology's average full-day volume over the last 100 days (last updated at 12:30 EST). The company's market cap stands at $18.3 million. Boxed (NYSE:BOXD) shares rose 41.35% to $0.54. The current volume of 3.1 million shares is 270.8% of Boxed's average