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Container Store Group Inc   (TCS)
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Price: $1.3700 $-0.01 -0.725%
Day's High: $1.41 Week Perf: 1.48 %
Day's Low: $ 1.33 30 Day Perf: -15.95 %
Volume (M): 136 52 Wk High: $ 4.49
Volume (M$): $ 186 52 Wk Avg: $2.47
Open: $1.36 52 Wk Low: $0.95



 Market Capitalization (Millions $) 68
 Shares Outstanding (Millions) 50
 Employees 6,000
 Revenues (TTM) (Millions $) 905
 Net Income (TTM) (Millions $) -229
 Cash Flow (TTM) (Millions $) 10
 Capital Exp. (TTM) (Millions $) 27

Container Store Group Inc
The Container Store Group Inc. is a specialty retail company founded in 1978 in Dallas, Texas, that offers customers storage and organization solutions and products, ranging from kitchen and pantry storage to office and closet organization. The company operates through its 93 stores across the United States, and it also sells its products through its e-commerce website.

The Container Store's products are designed to help customers organize their homes and workspaces more efficiently, with a focus on innovative storage solutions that are functional, stylish, and easy to use. The company's product lines include storage boxes and containers, closet and shelving systems, home office furniture and supplies, and kitchen and pantry organization products.

The company is known for providing exceptional customer service, with a commitment to solving customers' storage and organization challenges. Its stores feature knowledgeable and trained employees who provide personalized solutions and advice to customers. In addition, the company offers free design consultation services for customers looking to create custom closet and organizing solutions.

The Container Store prides itself on its strong corporate culture, frequently cited as one of the best places to work in the retail industry. The company invests in its employees by providing training and development programs, competitive compensation packages, and a benefits program that includes healthcare, retirement, and paid time off.

In recent years, the company has expanded its product lines to include digital tools that help customers plan and design their organization systems. The Container Store has also placed a greater emphasis on its e-commerce business, with an online shopping platform that provides customers with access to its complete range of products.

Overall, The Container Store Group Inc. is a well-established and respected specialty retail company that has built a reputation for providing high-quality organizational solutions and exceptional customer service. With a robust e-commerce platform and a commitment to innovation, the company is well-positioned for continued growth in the future.


   Company Address: 500 Freeport Parkway Coppell 75019 TX
   Company Phone Number: 538-6000   Stock Exchange / Ticker: NYSE TCS
   


   

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Container Store Group Inc

Container Store Group Inc. Faces Deficit Amid Weak Sales in Third Quarter of Fiscal 2023

Container Store Group Inc. is a leading specialty retailer of storage and organization products. The company recently announced its financial results for the third quarter of fiscal 2023, ending December 30, 2023. The results showed a decline in net sales and diminishing returns compared to the previous year.
In the third quarter of fiscal 2023, the company reported consolidated net sales of $214.9 million, a decrease of 14.8% compared to the same period in fiscal 2022. Net sales in The Container Store retail business (TCS) were $202.5 million, down 15.4% compared to the third quarter of fiscal 2022. This decline in sales can be attributed to ongoing challenges faced by various industries due to the global pandemic and supply chain disruptions.

Business Update

The Container Store Group: Navigating Challenges and Embracing Growth Amidst Evolving Retail Landscape

Published Mon, Jan 8 2024 9:05 PM UTC

The Container Store Group, Inc. Provides Business Update Ahead of 2024 ICR Conference PresentationCOPPELL, Texas - The Container Store Group, Inc. (NYSE: TCS), a leading specialty retailer of storage and organization products, has released an update on its third-quarter fiscal 2023 outlook in anticipation of its presentation and investor meetings at the upcoming 2024 ICR Con...

Management Changes

The Container Store Group Promotes Two Key Leaders and Achieves Positive Growth Amid Challenging Climate

Published Thu, Dec 21 2023 8:34 PM UTC


The Container Store Group, Inc. recently announced the promotion of two of its talented leaders, Lindy Rawlinson and Jennifer Pape, further enhancing its leadership team's capabilities in the digital and retail space. These advancements come during an eventful period for the company, marked by both financial setbacks and signs of progress.
Lindy Rawlinson, previousl...

Product Service News

The Container Store Opens Doors to its 100th Retail Location, Reinforcing Their Dominance in the Organizational Solutions Industry

Published Mon, Dec 18 2023 2:05 PM UTC

The Container Store Celebrates Landmark Achievement with the Opening of its 100th Store Location in Princeton, NJ
COPPELL, Texas - The Container Store Group, Inc. (NYSE: TCS), the industry leader in providing innovative organizing solutions, custom spaces, and in-home services, has recently reached a momentous milestone in its expansion strategy. With the opening of its ...

Container Store Group Inc

Container Store Group Inc Faces Disappointing Sales in Second Quarter of 2023

In what seems like a never-ending downward spiral, Container Store Group Inc (NYSE: TCS) has once again delivered disappointing financial results for the second quarter of 2023. With a shortfall per stock of $-0.48 per share compared to $0.31 in the same period the previous year, it is clear that the company's performance has taken a drastic turn for the worse.
The revenue decline of -19.368% to $219.67 million from $272.43 million in the same reporting period a year ago is a cause for concern. This substantial decrease indicates a significant drop in customer demand and suggests that the company's products are not resonating with consumers as they once did. To make matters worse, although there was a sequential revenue increase of 6.351% from $206.55 million, this is not enough to offset the overall decline.






 

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