Tuesday Morning Corporation reported sales results for the second quarter ended December 31, 2017.  For the period, net sales were $334 million with a comparable store sales increase of 1.6%, which was comprised of a 1.7% increase in customer transactions, slightly offset by a 0.1% decrease in average ticket.

The company remains comfortable with previously provided outlook for a 2% to 5% comp sales increase and a significant improvement in adjusted EBITDA for fiscal 2018, which includes a material increase in gross margins in the spring season reflecting reduced distribution costs.