The Container Store Group (TCS) Reports Q4 Revenues Miss

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The Container Store Group, Inc. Announces Preliminary Unaudited Selected Financial Results for Fourth Quarter and Fiscal Year 2019

May 12, 2020 4:05 PM EDT

COPPELL, Texas--(BUSINESS WIRE)-- The Container Store Group, Inc. (NYSE: TCS) (the Company), today announced preliminary results for the fourth quarter and fiscal year 2019 ended March 28, 2020.

Melissa Reiff, Chairwoman and Chief Executive Officer commented, Our fourth quarter performance was tracking to our expectations until the last few weeks of the quarter when the COVID-19 pandemic resulted in disruption to our operations, including store closures. As previously announced, to protect the health and safety of our employees and customers, we temporarily closed all stores and shifted select locations to operate with click & pick up/contactless... More