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Tuesday Morning Corp. (TUEM) "Worked Out Wonderfully" for Merion Road Capital


Tuesday Morning Corp. (TUEM) “Worked Out Wonderfully” for Merion Road Capital
Merion Road Capital Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here.  A return of 2.5% was reported by the fund’s Long Only Large Cap Fund, while its Long Short Small Cap Fund delivered a 23.8% in the first quarter of 2021, outperforming its Russell 2000 and Barclay Hedge Fund benchmarks that had a 12.9% and 4.9% gains respectively in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Merion Road Capital Management, in their Q1 2021 investor letter, mentioned Tuesday Morning Corporation (NYSE: TUEM) and shared their insights on the company. Tuesday Morning Corporation is a Dallas, Texas-based retail company that currently has a $141.1 million market capitalization. In the past 5 days, TUEM delivered a 0.33% return, while its 1-month gains are up by 2.03%. ....

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Tuesday Morning Announces CEO Transition Plan and New Members of the Board of Directors Following Successful Restructuring Process


Tuesday Morning Announces CEO Transition Plan and New Members of the Board of Directors Following Successful Restructuring Process
Steven Becker to continue to serve as CEO role until a successor is named to ensure a seamless transition
Board initiates CEO search process
Sherry M. Smith named Chairperson of the Board of Directors
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DALLAS, Jan. 19, 2021 /PRNewswire/  Tuesday Morning ( Tuesday Morning or the Company ) (OTC:TUEM) today announced the leadership transition following the Company s successful reorganization completed in late December. Mr. Becker will serve in his current capacity as Chief Executive Officer and Director until a successor has been named to ensure a seamless transition. The Board and Mr. Becker are united in their commitment to the Company s future success as a leader in the off-price sector. To reflect that commitment, the Board is commencing a search process to identify ....

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