by Mike Duff | Aug 2, 2023 | Retail Articles
In the first quarter, The Container Store went from profits to a loss year over year under pressure from macroeconomic conditions that reduced sales and prompted the company to launch promotional initiatives. Net loss was $11.8 million, or 24 cents per diluted share,...
by Mike Duff | May 18, 2023 | Retail Articles
The Container Store came up short of a Wall Street earnings estimate as comparable store sales in its fiscal fourth quarter fell. Net loss in the quarter was $189.3 million, or $3.85 per diluted share, versus net income of $23.2 million, or 46 cents per diluted share,...
by Mike Duff | Nov 11, 2022 | Retail Articles
The Container Store Group named former Bed Bath & Beyond executive Stacey Shively chief merchandising officer and promoted chief information officer Dhriti Saha to COO. As chief merchant, Shively (pictured above) will lead the merchandising team and collaborate...
by Mike Duff | Nov 2, 2022 | Retail Articles
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...
by Mike Duff | Aug 3, 2022 | Retail Articles
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...
