initial public offerings (IPOs) trading on American exchanges

Tuesday, May 23, 2017

Container Store (TCS) reported earnings on Tue 23 May 2017 (a/h)

** charts before earnings **

** charts after earnings **


  • Container Store beats 4Q profit forecasts
COPPELL, Texas (AP) _ The Container Store Group Inc. (TCS) on Tuesday reported fiscal fourth-quarter earnings of $8.4 million.
The Coppell, Texas-based company said it had net income of 17 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The storage products retailer posted revenue of $221 million in the period.
For the year, the company reported profit of $15 million, or 31 cents per share. Revenue was reported as $819.9 million.
Container Store expects full-year earnings to be 25 cents to 35 cents per share, with revenue in the range of $830 million to $850 million.
In the final minutes of trading on Tuesday, the company's shares hit $4.15. A year ago, they were trading at $5.30.

No comments:

Post a Comment