Container Store made adjustments and advanced store and holiday initiatives in the second quarter even as macroeconomic challenges pressured results. As it announced its financial results, the company announced a new architecture for its offering of custom spaces and...
The Container Store reported a comparable sales gain and a Wall Street earnings estimate beat in its first quarter. Consolidated net income was $10.5 million, or 21 cents per diluted share, versus $17.7 million, or 35 cents per diluted share, in the 2021 first...
The Container Store’s fourth-quarter sales and earnings lagged year over year but were better on a two-year basis. For the fourth quarter, net income was $23.2 million, or 46 cents per diluted share, versus $35.1 million, or 69 cents per diluted share, in the...
The Container Store has acquired Chicago-based home storage solutions and closet organization company Closet Works for $21.5 million. The storage retailer announced that the strategic acquisition will expand its manufacturing capabilities in wood-based spaces and...
In the second quarter, Container Store beat a Wall Street estimate as sales and earnings rose versus the 2020 and 2019 periods. Net income was $27.2 million in the quarter compared to $20.2 million in the 2020 period, while earnings per share were 54 cents compared to...
