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Container Store: Fiscal 2Q Earnings Snapshot

COPPELL, Texas (AP) _ The Container Store Group Inc. (TCS) on Tuesday reported fiscal second-quarter net income of $3.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Coppell, Texas-based company said it had profit of 7 cents. Earnings, adjusted for one-time gains and costs, came to 10 cents per share.

The storage products retailer posted revenue of $224.5 million in the period.

Container Store expects full-year earnings in the range of 41 cents to 51 cents per share, with revenue in the range of $885 million to $895 million.

Container Store shares have more than doubled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.06, more than doubling in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TCS at https://www.zacks.com/ap/TCS