Tuesday Morning (TUES)

Poor economic conditions affect consumer spending and may significantly harm our business.

        The success of our business depends to a significant extent upon the level of consumer spending. A number of factors beyond our control affect the level of consumer spending on merchandise that we offer, including, among other things:

•

general economic and industry conditions;



•

the housing market;



•

high crude oil prices, that affect gasoline and heating oil prices;



•

rising food prices and their effect on consumer discretionary spending;



•

the debt market;



•

the level of consumer debt;



•

interest rates;



•

tax rates and policies;



•

war, terrorism and other hostilities; and



•

consumer confidence in future economic conditions.

        The merchandise we sell generally consists of discretionary items. Reduced consumer confidence, lower housing starts and spending cut backs may result in reduced demand for our discretionary items and may force us to take significant inventory markdowns. Reduced demand also may require increased selling and promotional expenses. Adverse economic conditions and any related decrease in consumer demand for discretionary items could have a material adverse effect on our business, results of operations and financial condition.

Poor economic conditions affect consumer spending and may significantly harm our business.

        The success of our business depends to a significant extent upon the level of consumer spending. A number of factors beyond our control
affect the level of consumer spending on merchandise that we offer, including, among other things:

•

general economic and industry conditions;



•

the housing market;



SIZE=2>•

high crude oil prices, that affect gasoline and heating oil prices;



•

rising food prices and their effect on consumer discretionary
spending;



•

the debt market;



•

the level of consumer debt;




•

interest rates;



•

tax rates and policies;



•

SIZE=2>war, terrorism and other hostilities; and



•

consumer confidence in future economic conditions.

        The
merchandise we sell generally consists of discretionary items. Reduced consumer confidence, lower housing starts and spending cut backs may result in reduced demand for our
discretionary items and may force us to take significant inventory markdowns. Reduced demand also may require increased selling and promotional expenses. Adverse economic conditions and any related
decrease in consumer demand for discretionary items could have a material adverse effect on our business, results of operations and financial condition.

Poor economic conditions affect consumer spending and may significantly harm our business.

The success of our business depends to a significant extent upon the level of consumer spending. A number of factors affect the level of consumer spending on merchandise that we offer, including, among other things:

·       general economic, industry and weather conditions;

·       housing market;

·       high crude oil prices, that affect gasoline and heating oil prices;

·       the level of consumer debt;

·       interest rates;

·       tax rates and policies;

·       war, terrorism and other hostilities; and

·       consumer confidence in future economic conditions.

The merchandise we sell generally consists of discretionary items. Reduced consumer confidence, lower housing starts and spending cut backs may result in reduced demand for our discretionary items and may force us to take significant inventory markdowns. Reduced demand also may require increased selling and promotional expenses. Adverse economic conditions and any related decrease in consumer demand for discretionary items could have a material adverse effect on our business, results of operations and financial condition.

The success of our business depends to a significant extent upon the level of consumer spending. A number of factors affect the level of consumer spending on merchandise that we offer, including, among other things:

·       general economic, industry and weather conditions;

·       high crude oil prices, that affect gasoline and heating oil prices;

·       the level of consumer debt;

·       interest rates;

·       tax rates and policies;

·       war, terrorism and other hostilities; and

·       consumer confidence in future economic conditions.

The merchandise we sell generally consists of discretionary items. Reduced consumer confidence and spending may result in reduced demand for our discretionary items and may force us to take significant inventory markdowns. Reduced demand also may require increased selling and promotional expenses. Adverse economic conditions and any related decrease in consumer demand for discretionary items could have a material adverse effect on our business, results of operations and financial condition.

The success of our business depends to a significant extent upon the level of consumer spending. A number of factors affect the level of consumer spending on merchandise that we offer, including, among other things:

·       general economic, industry and weather conditions;

·       the level of consumer debt;

·       interest rates;

·       tax rates and policies;

·       war, terrorism and other hostilities; and

·       consumer confidence in future economic conditions.

The merchandise we sell generally consists of discretionary items. Reduced consumer confidence and spending may result in reduced demand for our discretionary items and may force us to take significant inventory markdowns. Reduced demand also may require increased selling and promotional expenses. Adverse economic conditions and any related decrease in consumer demand for discretionary items could have a material adverse effect on our business, results of operations and financial condition.

The success of our business depends to a significant extent upon the level of consumer spending. A number of factors affect the level of consumer spending on merchandise that we offer, including, among other things:

·       general economic, industry and weather conditions;

·       the level of consumer debt;

·       interest rates;

·       tax rates and policies;

·       war, terrorism and other hostilities; and

·       consumer confidence in future economic conditions.

The merchandise we sell generally consists of discretionary items. Reduced consumer confidence and spending may result in reduced demand for our discretionary items and may force us to take significant inventory markdowns. Reduced demand also may require increased selling and promotional expenses. Adverse economic conditions and any related decrease in consumer demand for discretionary items could have a material adverse effect on our business, results of operations and financial condition.