The Container Store Group, Inc. Announces Fourth Quarter and Full Fiscal 2020 Financial Results
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The Container Store Group (TCS) Tops Q4 EPS by 14c, Revenues Beat; Offers 1Q EPS Guidance Above Consensus
May 18, 2021 4:07 PM EDTThe Container Store Group (NYSE: TCS) reported Q4 EPS of $0.71, $0.14 better than the analyst estimate of $0.57. Revenue for the quarter came in at $314.7 million versus the consensus estimate of $295.19 million.
For the fourth quarter of fiscal 2020:
Consolidated net sales were $314.7 million, an increase of 30.4% compared to the thirteen weeks ended March 28, 2020. The 53rd week contributed approximately $17.7 million in net sales.Net sales in The Container Store retail business (TCS) were $294.2 million, up 31.3%, inclusive of a 41.6% increase in general merchandise categories and a 22.2% increase in Custom Closets.Online sales increased 72.2% in the fourth... More