The Container Store Group (TCS) Reports In-Line Q3 EPS, Revenues Miss, Comp. Sales Up 3%; Offers FY19 EPS/Revenue Outlook

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Go back to The Container Store Group (TCS) Reports In-Line Q3 EPS, Revenues Miss, Comp. Sales Up 3%; Offers FY19 EPS/Revenue Outlook

The Container Store Group, Inc. Announces Third Quarter Fiscal 2019 Financial Results

February 4, 2020 4:05 PM EST

Comparable Store Sales up 3.0%; Consolidated Net Sales up 3.2%

Custom Closets up 10.2%, contributing 420 basis points to overall Comparable Store Sales

EPS of $0.05 inclusive of approximately $3.0 million, or $0.04 per share, in New Distribution Center and Marketing Investments

Reaffirms Fiscal 2019 Outlook

COPPELL, Texas--(BUSINESS WIRE)-- The Container Store Group, Inc. (NYSE: TCS) (the Company), today announced financial results for the third quarter of fiscal 2019 ended December 28, 2019.

Consolidated net sales were $228.7 million, up 3.2%. Net sales in... More