Tuesday Morning Quarterbacking

Is Tuesday Morning in dire straits? The question came up in the comments related to Hey It's Muff's disappointing visit, and now Miss Hanzo wants to know, too. Fortunately, her financial advisor Dena has been reading the company's August financial reports and earnings call transcript, so Miss Hanzo has come to Dena's office to hear what's what.

Dena likes to keep her office minimalist.

Disclaimer: This post covers only issues of interest to fashion doll collectors and should not be construed to be investment advice.

Is Tuesday Morning on the road to nowhere?

Not right now. After some bad years, the company has been profitable for the past two fiscal years and has no debt on its balance sheet. One concern is that it's spending more cash on capex (building, repairing, buying equipment) than it generates from its stores, but it looks like a chunk of this was related to the new distribution center in Phoenix, which is completed. 

But my favorite store has vanished, Dena!

So why has my nearest store disappeared?