The Container Store Group (TCS) Tops Q3 EPS by 7c; Guides Lower

The Container Store Group (NYSE: TCS) reported Q3 EPS of $0.28, $0.07 better than the analyst estimate of $0.21. Revenue for the quarter came in at $267.3 million versus the consensus estimate of $262.04 million.

GUIDANCE:

The Container Store Group sees Q4 2021 EPS of $0.24, versus the consensus of $0.30. The Company currently expects fourth quarter of fiscal 2021 consolidated sales decline of approximately 11% as compared to the fourth quarter of fiscal 2020, or a decline of 6% excluding the impact of the 53rd week of sales from the fourth quarter of fiscal 2020.

For earnings history and earnings-related data on The Container Store Group (TCS) click here.

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