TCS News and Press, Container Store From 02/02/21

Record consolidated net sales of $275.5 million, up 20.5%; Custom Closets up 19.5% Online sales nearly doubled Earnings per diluted share of $0.40 and adjusted earnings per diluted share of $0.42, compared to $0.05 in third quarter of fiscal 2019 ...

Shares of The Container Store (NYSE: TCS) were jumping 12% higher in afternoon trading Monday after an analyst at Goldman Sachs raised her price target on the organization ideas retailer 20% to $12 per share. While the target price increase undoubtedly helped the stock's mo...

The Container Store Group, Inc. (NYSE: TCS) today announced that its third quarter of fiscal 2020 financial results will be released after market close on Tuesday, February 2, 2021. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. This ...

New benchmark data from ACI Worldwide (ACIW) reports 24% Y/Y growth in eCommerce transactions globally in December, +22% Y/Y in Q4 and +19% for FY2020. eCommerce transactions in the retail sector expanded 31% and the gaming sector increased 90%. Merchants that offered the “buy online, ...

Financial performance has been supported by two discrete events and investors are grappling with the long-term trends. Profitability has improved due to cost cutting as a reaction to the pandemic leading to strong cash flow. Despite the near term success, there are many questions ...

Shares of The Container Store (NYSE: TCS) have popped as much as 22% after the company announced a new CEO and provided an update regarding the business. As of 12:30 p.m. EST, the stock was still up 11%. The Container Store named Satish Malhotra as its new CEO, effective on Feb....

Company provides update on Fiscal Q3 2020 financial performance The Container Store Group, Inc. (NYSE:TCS) (the “Company”), today announced that Satish Malhotra, an experienced retail executive, will succeed Melissa Reiff as CEO and President on February 1, 202...

New benchmark data from ACI Worldwide (ACIW) revealed a 21% Y/Y increase in eCommerce transactions globally in November, driven by strong consumer demand for household items and services, especially those providing shipment, remote education and training, and insurance for consumer electronic...

Shares of The Container Store Group (NYSE: TCS) were crushed on Monday, closing the session down 16%. If anything, this is the opposite of what you'd expect. CNBC personality Jim Cramer just expressed his appreciation for the stock, and he even had CEO Melissa Reiff on his show late...

Gainers: Blink Charging (BLNK) +25%. IDT (IDT) +25%. Renren (RENN) +25%. Naked Brand Group (NAKD) +23%. Kandi Technologies Group (KNDI) +22%.Losers: Niu Technologies (NIU) -12%. The Container Store Group (TCS) -10%. Integrated Media Technology (IMTE) -8%. Electrameccanica Vehicles (...