The Container Store Group (TCS) Reports Q1 Loss of $0.04

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Go back to The Container Store Group (TCS) Reports Q1 Loss of $0.04

The Container Store Group, Inc. Announces First Quarter Fiscal 2016 Financial Results

August 9, 2016 4:05 PM EDT

Company Posts 4.4% Increase in Net Sales

Sees Positive Impact from TCS Closets® and SG&A Savings Initiatives

Launches its New Customer Financing Program

COPPELL, Texas--(BUSINESS WIRE)-- The Container Store Group, Inc. (NYSE: TCS) (the Company), today announced financial results for the first quarter of fiscal 2016 ended July 2, 2016. In light of the Companys previously announced fiscal year end change, all references to prior year results are based on the recast 13 weeks ended July 4, 2015.

Consolidated net sales were $177.4 million, up 4.4%.... More