The Container Store Group (TCS) Misses Q2 EPS by 1c; Offers Q3'23 Guidance
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The Container Store Group, Inc. Announces Second Quarter Fiscal 2022 Financial Results
November 1, 2022 4:05 PM EDTSecond quarter consolidated net sales down 1.2% compared to the second quarter of fiscal 2021, including 110 basis point negative foreign exchange impact
Comparable store sales^ down 0.8% compared to the second quarter of fiscal 2021; Custom Spaces+ up 7.1% offset by general merchandise categories
Earnings per diluted share of $0.31 compared to $0.54 in the second quarter of fiscal 2021;
Adjusted earnings per diluted share* of $0.27 compared to $0.54 in the second quarter of fiscal 2021
Provides Q3 Fiscal 2022 Earnings Outlook
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