Container Store: Fiscal 1Q Earnings Snapshot
COPPELL, Texas (AP) _ The Container Store Group Inc. (TCS) on Tuesday reported a loss of $6.8 million in its fiscal first quarter.
On a per-share basis, the Coppell, Texas-based company said it had a loss of 14 cents. Losses, adjusted for non-recurring costs, were 8 cents per share.
The storage products retailer posted revenue of $195.8 million in the period.
Container Store expects full-year earnings in the range of 38 cents to 48 cents per share, with revenue in the range of $890 million to $900 million.
Container Store shares have risen 40 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.64, an increase of 24 percent in the last 12 months.