Container Store: Fiscal 1Q Earnings Snapshot

July 31, 2018

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TCS at https://www.zacks.com/ap/TCS

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