TCS News and Press, Container Store From 03/02/23

Global Semiconductor Manufacturer Renesas Has Tied up With Tata Consultancy Services to Open an Innovation Center to Build Semiconductor Designs and Software Solutions for the IoT, Infrastructure, Industrial, and Automotive Segments Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips I’ve long warned about buying Bed Bath & Beyond (NASDAQ: BBBY ) stock. No matter how low shares go, any near-term surge predicted by my Profit & Protection system would eventually turn into a dead cat bou...

Summary At 2.8x Price to Book and 15.1x P/E, Cognizant trades at a discount relative to the sector. Under the new leadership of Ravi Kumar, the company is well-positioned to win back the market share it lost to Infosys in the last three years. Cognizant's high FCF/NI and strong M&am...

Summary The Container Store has enjoyed a great period of profitable growth over the last five years. Nevertheless, free cash flow production and returns have deteriorated, driving the share price down. Despite some competitive advantages, investors should wait for free cash flow pr...

The Container Store Group ( NYSE: TCS ) stock fell ~7% on Wednesday as Q3 adjusted EPS and revenue declined Y/Y even though the numbers beat estimates. However Q4 sales forecast was below estimates. Adjusted EPS declined -71.4% Y/Y to $0.08. Net sales fell -5.6% Y/Y to $252.2M, in...

The Container Store Group, Inc. (TCS) Q3 2022 Earnings Conference Call February 7, 2023 4:30 PM ET Company Participants Caitlin Churchill - Investor Relations, ICR, Inc. Satish Malhotra - President and Chief Executive Officer Jeff Miller - Chief Financial Officer ...

Tata Consultancy Services to Extend TCS BaNCS TM based Platform across Phoenix Group’s Consumer Brands, Enabling Consistent Customer Experience Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced an expansion of its long-standing partnership with Phoenix Group, ...

The Container Store press release ( NYSE: TCS ): Q3 Non-GAAP EPS of $0.08 beats by $0.04 . Revenue of $252.2M (-5.6% Y/Y) beats by $7.02M . For FQ4, net sales of $255M-$265M vs $283.64M consensus, comparable store sales of High-single digit to low-teens and N...

Third quarter consolidated net sales down 5.6% compared to the third quarter of fiscal 2021, including 100 basis point negative foreign exchange impact Comparable store sales^ down 4.3 %, inclusive of Custom Spaces + up 2.1%, compared to the third quarter of fiscal 202...

Summary The Container Store looks to benefit handsomely from the looming bankruptcy of competitor Bed Bath & Beyond. A 10-year low valuation could support a multi-year run higher for the share quote. Strong levels of operating profitability and store count growth are other posit...