TUEMQ (Tuesday Morning) Gross Margin %: 22.05% (As of Sep. 2022)


What is Tuesday Morning Gross Margin %?

Tuesday Morning TUEMQ Gross Margin % is 22.05% as of Sep. 2022.

Gross Margin % is calculated as gross profit divided by its revenue. Tuesday Morning's Gross Profit for the three months ended in Sep. 2022 was $34.6 Mil. Tuesday Morning's Revenue for the three months ended in Sep. 2022 was $157.1 Mil. Therefore, Tuesday Morning's Gross Margin % for the quarter that ended in Sep. 2022 was 22.05%.


The historical rank and industry rank for Tuesday Morning's Gross Margin % or its related term are showing as below:


TUEMQ's Gross Margin % is not ranked *
in the Retail - Defensive industry.
Industry Median: 24.14
* Ranked among companies with meaningful Gross Margin % only.

Tuesday Morning had a gross margin of 22.05% for the quarter that ended in Sep. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tuesday Morning was 0.00% per year.


Tuesday Morning  (OTCPK:TUEMQ) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Tuesday Morning had a gross margin of 22.05% for the quarter that ended in Sep. 2022 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Tuesday Morning Gross Margin % Related Terms


Tuesday Morning Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tuesday Morning's Gross Margin % 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.

Tuesday Morning Gross Margin % Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Gross Margin %
34.98 32.56 29.82 25.58

Tuesday Morning Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.84 28.46 24.38 18.74 22.05

TUEMQ vs WMT, COST, TGT: Gross Margin % Comparison

For the Discount Stores subindustry, Tuesday Morning's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tuesday Morning's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tuesday Morning's Gross Margin % falls into.



Tuesday Morning Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Tuesday Morning's Gross Margin for the fiscal year that ended in Jun. 2022 is calculated as

Gross Margin % (A: Jun. 2022 )=Gross Profit (A: Jun. 2022 ) / Revenue (A: Jun. 2022 )
=191.8 / 749.809
=(Revenue - Cost of Goods Sold) / Revenue
=(749.809 - 557.988) / 749.809
=25.58 %

Tuesday Morning's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=34.6 / 157.105
=(Revenue - Cost of Goods Sold) / Revenue
=(157.105 - 122.469) / 157.105
=22.05 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 22.05% mean?
Tuesday Morning (TUEMQ) has a Gross Margin % of 22.05% as of Sep. 2022. Gross margin is the ratio of total gross profit to net sales. View historical data on Tuesday Morning and its competitors.
Is Tuesday Morning's Gross Margin % too high?
Tuesday Morning's current Gross Margin % is 22.05%. The Retail - Defensive industry median Gross Margin % is 24.14. Tuesday Morning's value of 22.05% is 8.7% below this industry median.
How does Tuesday Morning's Gross Margin % compare to WMT and COST?
Tuesday Morning's Gross Margin % of 22.05% can be compared against companies in the Retail - Defensive industry. The industry median Gross Margin % is 24.14. Tuesday Morning's value of 22.05% is 8.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.14, based on 305 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tuesday Morning's current Gross Margin % of 22.05% is 8.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Tuesday Morning and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuesday Morning's current Gross Margin % is 22.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuesday Morning stock overvalued right now?
Tuesday Morning (TUEMQ) has a current Gross Margin % of 22.05%. The current Gross Margin % is 22.05% and 8.7% below the Retail - Defensive industry median of 24.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Tuesday Morning (TUEMQ), the current Gross Margin % is 22.05% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tuesday Morning Business Description

Address 6250 LBJ Freeway, Dallas, TX, USA, 75240
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.