Last $19.46 USD
Change Today -0.76 / -3.76%
Volume 246.1K
TCS On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

container store group inc/th (TCS) Snapshot

Open
$20.49
Previous Close
$20.22
Day High
$20.70
Day Low
$19.36
52 Week High
12/31/13 - $47.07
52 Week Low
10/9/14 - $15.49
Market Cap
933.7M
Average Volume 10 Days
300.7K
EPS TTM
$-0.90
Shares Outstanding
48.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CONTAINER STORE GROUP INC/TH (TCS)

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container store group inc/th (TCS) Details

The Container Store Group, Inc. is engaged in the retailing of storage and organization products in the United States. It operates in two segments, TCS and Elfa. The company’s retail stores provide various lifestyle products, including bath, box, closets, collections, containers, food storage, gift packaging, hooks, kitchen, office, shelving, storage, trash, and travel, as well as its Elfa products. As of March 1, 2014, it operated 63 stores with an average size of approximately 19,000 selling square feet in 22 states and the District of Columbia. The company also offers its products directly to customers through its Website and call center. In addition, it designs, manufactures, and sells component-based shelving and drawer systems that are customizable for any area of the home comprising closets, kitchens, offices, and garages, as well as made-to-measure sliding doors to various retailers and distributors in approximately 30 other countries around the world on a wholesale basis. The company was founded in 1978 and is headquartered in Coppell, Texas.

2,190 Employees
Last Reported Date: 05/28/14
Founded in 1978

container store group inc/th (TCS) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $675.0K
President, Chief Operating Officer, Director ...
Total Annual Compensation: $599.0K
Chief Merchandising Officer, Director and Mem...
Total Annual Compensation: $599.0K
Compensation as of Fiscal Year 2013.

container store group inc/th (TCS) Key Developments

The Container Store Announces Addition of Caryl M. Stern to its Board of Directors

The Container Store announced the addition of Caryl M. Stern to its board of directors. Stern is currently the president and CEO of the U.S. Fund for UNICEF. In addition to her work at the U.S. Fund for UNICEF, Stern has three decades of non-profit and education experience including serving as the Chief Operating Officer and Senior Associate National Director of the Anti-Defamation League, the founding Director of ADL's A WORLD OF DIFFERENCE Institute, and the Dean of Students at Polytechnic University.

The Container Store Launches Pilot of Luxury Closet Line

The Container Store announced the pilot launch of its new closet line -- TCS Closets -- its new, exclusive collection of solid, custom-built closet solutions. TCS Closets will debut at the retailer's seven, Dallas/Fort Worth-area stores beginning and is planned to roll out to the rest of its stores by the end of 2015. TCS Closets features luxurious, thick-profile construction in six exclusive finishes and includes options like gorgeous glass or solid doors, locking jewelry drawers, beautiful hardware, islands and soft lighting. The experience includes services in its stores from the retailer's expert salespeople, and in the home from its Contained Home Organizers and Installation Service professionals.

The Container Store Group, Inc. Reports Consolidated Unaudited Earnings Results for the Thirteen Weeks and Twenty-Six Weeks Ended August 30, 2014; Provides Earnings Guidance for Full Year of 2014

The Container Store Group, Inc. reported consolidated unaudited earnings results for the thirteen weeks and twenty-six weeks ended August 30, 2014. For the thirteen weeks, the company reported net sales of $193.247 million compared to $183.774 million a year ago. Profit from operations was $12.814 million compared to profit from operations of $11.429 million a year ago. Income before taxes was $8.431 million compared to income before taxes of $5.910 million a year ago. Net loss was $9.486 million compared to $6.862 million a year ago. Net income available to common shareholders were $6.955 million or $0.14 diluted per share compared to net loss available to common shareholders $17.744 million or $6.06 diluted per share a year ago. EBITDA was $20.381 million compared to $19.009 million a year ago. Adjusted EBITDA was $23.378 million compared to $22.128 million a year ago. Comparable store sales for the second quarter were down 0.4%. For the twenty-six weeks, the company reported net sales of $366.685 million compared to $343.419 million a year ago. Income from operations was $11.609 million compared to $11.270 million a year ago. Income before taxes was $2.924 million compared to loss before taxes of $0.905 million a year ago. Net income available to common shareholders were $3.376 million or $0.07 diluted per share compared to net loss available to common shareholders $44.838 million or $15.31 diluted per share a year ago. Net cash provided by operating activities were $11.184 million compared to $9.335 million a year ago. Additions to property and equipment were $30.917 million compared to $23.049 million a year ago. EBITDA was $26.432 million compared to $33.580 million a year ago. Adjusted EBITDA was $25.219 million compared to $32.719 million a year ago. Full fiscal 2014 consolidated net sales are expected to be $800 to $810 million based on announced store openings and an estimated increase in comparable store sales of flat to slightly positive. Net income is expected to be $0.52 to $0.57 per diluted common share based on estimated diluted common shares outstanding of 49 million. Due to the non-taxable nature of this entity sale and the tax benefit the Company recorded in the second quarter of 2014, the Company expects its tax rate for the full fiscal year 2014 on a GAAP basis to be approximately 30%, or 38% on an adjusted basis. Adjusting for these items, adjusted net income is expected to be $0.41 to $0.46 per diluted common share based on estimated diluted common shares outstanding of 49 million. Adjusted EBITDA is expected to be $95 to $99 million. The company also expects comparable store sales to be flat to down low single digits in the third quarter of fiscal 2014, and to increase in the low to mid-single digit range in the fourth quarter of fiscal 2014.

 

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Industry Analysis

TCS

Industry Average

Valuation TCS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.2x
Price/Book 4.8x
Price/Cash Flow 22.0x
TEV/Sales 0.7x
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