The Container Store Group, Inc. Announces Second Quarter Fiscal 2015 Financial Results

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The Container Store Group (TCS) Misses Q2 EPS by 1c, Maintains FY Guidance

October 5, 2015 5:18 PM EDT

The Container Store Group (NYSE: TCS) reported Q2 EPS of $0.06, $0.01 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $195.5 million versus the consensus estimate of $197.71 million.

Comparable store sales for the second quarter of fiscal 2015 were up 0.1% compared to the second quarter of fiscal 2014.

The Container Store Group sees FY2015 EPS of $0.30-$0.38, versus the consensus of $0.34. The Container Store Group sees FY2015 revenue of $800-815 million, versus the consensus of $809.87 million.

Our sales performance in the second quarter exceeded our expectations with positive comparable store... More