IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
Tuesday Morning Corporation
14621 Inwood Road, Addison, TX 75001 * (972) 387-3562
Business Description The company is the leading closeout retailer of upscale home furnishings, gifts and related items in the United States.
Offering
Information

Company has
gone public

Trading As  TUES (NASNTL) Industry  Retail (SIC 5999)
Type of Stock Offered  Common Shares Filing Date  03/12/1999
Domestic Shares Offered  5,280,000 Offer Date  04/21/1999
Foreign Shares Offered  1,320,000 Filing Range  $15.00 - $17.00
Company Shares  5,515,000 Offer Price  $15.00
Selling Shrhldrs Shares  1,085,000 Gross Spread  $1.050
Gross Proceeds  $99,000,000 Selling  $0.630
Expenses  - - Reallowance  $0.100
Post-IPO Shares  38,400,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Merrill Lynch & Co. Lead Manager (212) 449-4600
BT Alex Brown Co-manager (410) 727-1700
Goldman, Sachs & Co. Co-manager (212) 902-5959
William Blair & Company Co-manager (312) 364-8990
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data     12/31/1996 12/31/1997 12/31/1998    
Revenues   - - 256.756 327.307 396.095 - -
Income from Oper.   - - 20.400 1.976 44.086 - -
Net Income   - - 11.516 -3.621 2.186 - -
E.P.S   - - - - - - -
Revenue Growth (%)      - - 27.48 21.016   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - 7.95 0.60 11.13 - -
Net Profit Margin (%)    - - 4.49 - 0.55 - -
Cash Flow - Oper.     4.04 - -
Cash Flow - Inv.     2.78 - -
Cash Flow - Fin.     -10.04 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/1998 Financial Ratios
Total Assets    155.32 Current Assets    118.96 Current Ratio    2.46
Total Liab.    256.78 Current Liab.    48.45 Debt Ratio    165.33%
Total Equity    -101.46 Working Cap.    70.51 Debt to Equity Ratio    -
Cash    20.28    Return on Assets   1.41%
Use Of
Proceeds
The proceeds from the proposed offering will be used to redeem a portion of senior subordinated notes, to redeem senior exchangeable preferred stock and redeem junior preferred stock.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Crouch & Hallet
Bank's Law Firm  Vinson & Elkins
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
Auditor  KPMG LLC
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 09/29/1999 3:52:34 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.