Container Store: Fiscal Q4 Earnings Snapshot

COPPELL, Texas — COPPELL, Texas — The Container Store Group Inc. (TCS) on Tuesday reported a loss of $189.3 million in its fiscal fourth quarter. T...

May 24, 2023
5:12 PM

COPPELL, Texas — COPPELL, Texas — The Container Store Group Inc. (TCS) on Tuesday reported a loss of $189.3 million in its fiscal fourth quarter. The Coppell, Texas-based company said it had a loss of $3.85 per share. Earnings, adjusted for one-time gains and costs, were 18 cents per share. The storage products retailer posted revenue of $259.7 million in the period. For the year, the company reported a loss of $158.9 million, or $3.21 per share. Revenue was reported as $1.05 billion. For the current quarter ending in June, Container Store expects its results to range from a loss of 16 cents per share to a loss of 10 cents per share.

Associated Press