Container Store Group Q1 Adj EPS $(0.21) Misses $(0.08) Estimate, Sales $207.11M Miss $209.19M Estimate
Portfolio Pulse from vinayak@benzinga.com
Container Store Group (NYSE:TCS) reported Q1 losses of $(0.21) per share, missing the analyst consensus estimate of $(0.08) by 162.5%. This is a 200% decrease from the same period last year. The company also reported quarterly sales of $207.11 million, missing the analyst consensus estimate of $209.19 million by 0.99%. This is a 21.14% decrease from the same period last year.
August 04, 2023 | 10:20 am
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Container Store Group's Q1 results missed estimates, with a 200% decrease in earnings and a 21.14% decrease in sales from the same period last year.
Container Store Group's Q1 results missed analyst estimates by a significant margin, with a 200% decrease in earnings and a 21.14% decrease in sales from the same period last year. This is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100