The Container Store Group, Inc. (NYSE:TCS) is reporting second quarter earnings results on Tuesday 20th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.03 per share from $ 216.45 million in revenue.
For the full year, analysts predict revenues of $ 840.95 million, while looking forward to income of $ 0.07 per share.
Previous Quarter Performance
The Container Store Group, Inc. announced loss for the first quarter of $ 0.32 per share, from the revenue of $ 151.69 million. The quarterly revenues reduced 25.99 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.25 per share from $ 152.70 million in revenue. The bottom line results missed street analysts by $ 0.07 or 28 percent, at the same time, top line results fell short of analysts by $ 1.01 million or 0.66 percent.
Stock Performance
Shares of The Container Store Group, Inc. traded up $ 0.02 or 0.22 percent on Monday, reaching $ 9.16 with volume of 914.00 thousand shares. The Container Store Group, Inc. has traded high as $ 9.49 and has cracked $ 9.08 on the downward trend
According to the previous trading day, closing price of $ 9.16, representing a 407.78 % increase from the 52 week low of $ 1.80 and a 5.97 % decrease over the 52 week high of $ 9.72.
The company has a market capital of $ 461.32 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
The Container Store Group, Inc. will be hosting a conference call at 4:30 PM eastern time on 20th October 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.containerstore.com
The Container Store Group, Inc. engages in the retailing of storage and organization products and solutions in the United States. The company operates in two segments, The Container Store and Elfa.
