The Container Store Group (TCS) to Release Earnings on Tuesday

The Container Store Group (NYSE:TCS) will be announcing its earnings results after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

The Container Store Group (NYSE:TCS) last posted its earnings results on Tuesday, August 6th. The specialty retailer reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.08). The company had revenue of $181.86 million for the quarter, compared to analysts’ expectations of $190.01 million. The Container Store Group had a negative net margin of 12.91% and a negative return on equity of 9.77%. During the same period in the previous year, the business posted ($0.21) earnings per share. On average, analysts expect The Container Store Group to post $-6 EPS for the current fiscal year and $-8 EPS for the next fiscal year.

The Container Store Group Trading Down 6.6 %

Shares of TCS stock opened at $9.57 on Monday. The Container Store Group has a 52 week low of $7.50 and a 52 week high of $37.80. The firm has a market capitalization of $32.92 million, a price-to-earnings ratio of -0.30 and a beta of 1.02. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.49 and a current ratio of 1.31.

About The Container Store Group

The Container Store Group, Inc operates as a specialty retailer of organizing solutions, custom spaces, and in-home organizing services in the United States. The company operates in two segments, The Container Store and Elfa. Its stores provide custom space offerings; countertop, cosmetic and jewelry, shower and bathtub, drawer organizers, and cabinet storage products; closets that includes shoe storage, hangers, drawer organizers, boxes and bins, hanging storage bags, garment racks, jewelry storage, and bedding.