TCS - Container Store +12% After Revealing Plans For Strategic Alternatives: Read More | Benzinga
Container Store (NYSE:TCS) shares are trading higher in the premarket session on Tuesday. The company reported fourth-quarter sales of $206.04 million, down 20.7% year over year. Quarterly sales beat the analyst consensus of $204.30 million.
“We believe we still have attractive growth opportunities in key markets and plan to open four new stores in fiscal 2024, as well as relocate one store and close one store,” the company said in a press release.
Net sales in the Container ...