Tuesday Morning (Tuesday Morning) EBIT : $-64.8 Mil (TTM As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Tuesday Morning EBIT?

Tuesday Morning's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-26.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-64.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tuesday Morning's annualized ROC % for the quarter that ended in Sep. 2022 was -38.73%. Tuesday Morning's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -41.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tuesday Morning's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -28.28%.

Tuesday Morning EBIT Historical Data

The historical data trend for Tuesday Morning's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tuesday Morning EBIT Chart

Tuesday Morning Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

EBIT

-9.73

-162.26

11.44

-51.75

Tuesday Morning Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial								-12.94	3.77	-16.16	-26.42	-25.99

Competitive Comparison of Tuesday Morning's EBIT

For the Discount Stores subindustry, Tuesday Morning's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tuesday Morning's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tuesday Morning's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tuesday Morning's EV-to-EBIT falls into.

Tuesday Morning EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-64.8 Mil.

Tuesday Morning (OTCPK:TUEMQ) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Tuesday Morning's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-103.548 * ( 1 - -0.53% )	/	( (281.618	+	255.873)	/ 2 )
=	-104.0968044	/	268.7455
=	-38.73 %

where

	Invested Capital		(Q: Jun. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	354.176	-	64.742	-	( 7.816	-	max(0, 126.796	-	163.783	+	7.816	))
=	281.618

	Invested Capital		(Q: Sep. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	340.835	-	78.05	-	( 6.912	-	max(0, 134.374	-	147.868	+	6.912	))
=	255.873

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

Tuesday Morning's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-103.948	/	( ( (185.387 + max(81.679, 0))	+	(183.128 + max(53.285, 0)) )	/	2 )
=	-103.948	/	( ( 267.066	+	236.413 )	/	2 )
=	-103.948	/	251.7395
=	-41.29 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	148.462	+	7.505)	-	(64.742	+	1.095	+	8.451)
=	81.679

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	132.464	+	8.492)	-	(78.05	+	1.072	+	8.549)
=	53.285

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Tuesday Morning's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-64.804	/	229.155
	=	-28.28 %

Tuesday Morning EBIT Related Terms

Thank you for viewing the detailed overview of Tuesday Morning's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Tuesday Morning (Tuesday Morning) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tuesday Morning Corp (OTCPK:TUEMQ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

6250 LBJ Freeway, Dallas, TX, USA, 75240

Website

https://www.tuesdaymorning.com

Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.

Executives

Osmium Partners, Llc	director, 10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Zhong John Zhang	director	6250 LBJ FWY, DALLAS TX 75240
Andrew Berger	director	84 ELM STREET, WESTFIELD NJ 07090
Michael Onghai	director	122 WEST 26TH ST. 5TH FLOOR, NEW YORK NY 10001
James Harris	director	10 FARADAY, IRVINE CA 92618
Maya Burkenroad	director	C/O WILHELMINA INTERNATIONAL, INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Sandip Patel	director	1010 N. FLORIDA AVE., TAMPA FL 33602
Clicks To Bricks, Llc	10 percent owner, other: Member of 10% owner group	1680 MICHIGAN AVE, SUITE 700, MIAMI BEACH FL 33139
Tm21, Llc	director, 10 percent owner, other: Member of 10% owner group	1010 N. FLORIDA AVE., TAMPA FL 33602
Ayon Capital, L.l.c.	director, 10 percent owner, other: Member of 10% owner group	1010 N. FLORIDA AVE., TAMPA FL 33602
Tascr Ventures, Llc	director, 10 percent owner, other: Member of 10% owner group	1010 NORTH FLORIDA AVENUE, TAMPA FL 33602
Alexander Mehr	director, 10 percent owner, other: Member of 10% owner group	C/O ZOOSK, INC., 989 MARKET STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Retail Ecommerce Ventures Llc	director, 10 percent owner, other: Member of 10% owner group	1680 MICHIGAN AVENUE, SUITE 700, MIAMI BEACH FL 33139
Tai Lopez	director, 10 percent owner, other: Member of 10% owner group	C/O WILHELMINA INTERNATIONAL, INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Marcelo Podesta	director	6250 LBJ FREEWAY, DALLAS TX 75240