The Container Store Group (TCS) Misses Q2 EPS by 4c, Slight Miss on Revenues; Reaffirms FY18 EPS/Revenue Outlook
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The Container Store Group, Inc. Announces Second Quarter Fiscal 2018 Financial Results
October 30, 2018 4:05 PM EDTNet Sales up 2.8%; Comparable Store Sales up 1.3%
EPS of $0.07; Adjusted EPS of $0.10
Reiterates Fiscal 2018 Outlook
COPPELL, Texas--(BUSINESS WIRE)-- The Container Store Group,Inc. (NYSE: TCS) (the Company), today announced financial results for the second quarter of fiscal 2018 ended September29, 2018.
Consolidated net sales were $224.5 million, up 2.8%. Net sales in The Container Store retail business (TCS) were $208.9 million, up 3.3%. Elfa International AB (Elfa) third-party net sales were $15.6 million, down 3.1% due to foreign currency translation. Consolidated net income... More