However, the retailer's net income did jump 9.2%, to $8.2 million during the quarter, even though income during the last nine months was down to $25.4 million, from $25.7 million. Overall sales increased 3.3%, to $192.3 million.
During the quarter Tuesday Morning opened 24 stores and closed three, bringing its total to 713. Company executives plan for a total of 70 units to open this year and they still have 19 more to go to meet their forecast.
Due to a lack of power and other damages 22 Tuesday Mornings are closed because of Hurricane Wilma, which hit Florida earlier this week. "We would love a non-hurricane quarter," Mason said.
Executives are planning flat same-store sales during the company's Q4 and a low single-digit comp decrease for the year. "Hopefully we'll get to a more normalized level in the fourth quarter."
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