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CEO Michael Rouleau,Tuesday Morning Corporation Insider Buys $83,300 of Shares

R. MICHAEL ROULEAU, CEO of Tuesday Morning Corporation, bought 6,000 shares of Tuesday Morning Corporation (Stock Symbol: TUES) at $13.88 per share for a total amount of $83.3 thousand on May 16th, 2014.

Tuesday Morning Corporation is located in Dallas, Texas.

On 04/26/2014, Tuesday Morning Corporation, a leading closeout retailer with 819 stores across the United States as of December 31, 2013, specializing in selling deeply discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts, today announced that Frank M. Hamlin, who currently serves as Executive Vice President of Marketing at Guitar Center, and Sherry M. Smith, who most recently served as Executive Vice President and Chief Financial Officer of SUPERVALU Inc., have been appointed as independent members of the Company’s Board of Directors, effective immediately. Mr. Hamlin will serve on the Nominating and Governance Committee. Ms. Smith will serve on the Audit and Compensation Committee.

On 05/08/2014, Tuesday Morning Corporation (TUES), a leading closeout retailer with 811 stores across the United States specializing in selling deeply discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts, today announced financial results for the third quarter and year-to-date period ended March 31, 2014.

According to Capital IQ, Tuesday Morning Corporation has a market cap of $613.63 million, an enterprise value of $572.02 million.

Tuesday Morning Corporation operates as a closeout retailer of upscale decorative home accessories, housewares, seasonal goods, and famous-maker gifts in the United States. Its merchandise primarily consists of lamps, rugs, furniture, kitchen accessories, small electronics, gourmet housewares, linens, luggage, bedroom and bathroom accessories, toys, pet products, stationary, and silk plants, as well as crystal, collectibles, silver serving pieces, children’s apparel, and accessories. The company also offers various branded merchandise, including Viking and Calphalon cookware, Breville, KitchenAid and Cuisinart appliances, Peacock Alley and Sferra linens, Michael Kors bath towels, Travel Pro luggage, Reed and Barton flatware, Lenox and Denby tabletop, Waterford and Riedel crystal, Steinbach and Hummel collectibles, Madame Alexander dolls, Royal Doulton and Wedgwood china and giftware, Couristan rugs, and others. As of June 30, 2013, it operated 828 discount retail stores in 43 states. The company was founded in 1974 and is headquartered in Dallas, Texas.

R. Michael Rouleau’s most recent annual compensation from Tuesday Morning Corporation is a salary of $88,271, $692,585 in other compensation, and a total compensation of $818,356. Mr. Rouleau is 75 years old.

According to his biography, Mr. R. Michael Rouleau is Chief Executive Officer, Director of Tuesday Morning Corp. He has served as a director of Tuesday Morning since November 2012. Mr. Rouleau was appointed as Interim Chief Executive Officer of the Company in March 2013, and subsequently appointed as Chief Executive Officer of the Company in August 2013. Mr. Rouleau has numerous years of experience in the retail sector, most recently at Michaels Stores, Inc., a national arts and crafts specialty retailer, serving as its chief executive officer from April 1996 to March 2006 and also as its president from April 1997 to June 1999 and again from March 2001 to March 2006. Mr. Rouleau previously served as executive vice president of store operations for Lowe’s Companies, Inc., a home improvement retailer, from May 1992 until April 1996. Prior to joining Lowe’s, Mr. Rouleau was a co-founder and president and chief executive officer of Office Warehouse, an office products retailer, which subsequently merged into Office Max. Mr. Rouleau also served with the Target Stores division of Dayton Hudson Corporation, a general merchandise retailer, for 20 years, from its inception in 1962, and held senior management positions during his tenure. In nominating Mr. Rouleau to serve as a director of the Company, the Board of Directors considered the various senior executive-level positions he has held with retail service companies.

All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com .

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.