Container Store Group: Q3 Earnings Insights

Shares of Container Store Group TCS fell in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 740.00% year over year to $0.42, which beat the estimate of $0.33.

Revenue of $275,478,000 higher by 20.48% year over year, which beat the estimate of $262,160,000.

Guidance

Container Store Group hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Feb 02, 2021

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestor.containerstore.com%2F&eventid=2948431&sessionid=1&key=9F8209A3EED926695A0379E3CBE8130F&regTag=&V2=false&sourcepage=register

Price Action

52-week high: $15.72

52-week low: $1.80

Price action over last quarter: Up 60.67%

Company Description

The Container Store Group Inc is a U.S. based specialty retailer of storage and organization products and solutions. It offers a collection of multifunctional and customizable storage and organization solutions. The company consists of two segments., The Container store segment which consists of retail stores, website and call center, as well as installation and organizational services business, and The Elfa segment which involves designing and manufacturing of component-based shelving and drawer systems and made-to-measure sliding doors. It derives a majority of the revenue from the Container store segment. The company sells its products in the US and other countries.