The Container Store Group (NYSE:TCS – Get Free Report) posted its earnings results on Tuesday. The specialty retailer reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08), Yahoo Finance reports. The Container Store Group had a negative return on equity of 9.08% and a negative net margin of 12.91%. The company had revenue of $181.86 million during the quarter, compared to the consensus estimate of $190.01 million. During the same period last year, the company posted ($0.21) EPS.
The Container Store Group Stock Down 1.6 %
Shares of The Container Store Group stock traded down $0.01 during trading on Friday, reaching $0.84. 85,774 shares of the company traded hands, compared to its average volume of 781,121. The firm has a market capitalization of $43.41 million, a PE ratio of -0.39 and a beta of 1.07. The Container Store Group has a 1-year low of $0.50 and a 1-year high of $2.72. The company has a 50 day moving average price of $0.67 and a 200-day moving average price of $0.96. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.19 and a quick ratio of 0.37.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group decreased their price target on shares of The Container Store Group from $2.00 to $1.00 and set a “neutral” rating for the company in a research report on Tuesday, May 28th.
The Container Store Group Company Profile
The Container Store Group, Inc operates as a specialty retailer of organizing solutions, custom spaces, and in-home organizing services in the United States. The company operates in two segments, The Container Store and Elfa. Its stores provide custom space offerings; countertop organizers, cosmetic and jewelry organizers, shower and bathtub organizers, drawer organization, and cabinet storage products; closets; and ventilated and solid shelving and drawer components and systems, wall and door rack solutions, accessories, utility and garage systems, and sliding doors.
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