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Container Store: Fiscal 4Q Earnings Snapshot

COPPELL, Texas (AP) _ The Container Store Group Inc. (TCS) on Tuesday reported fiscal fourth-quarter net income of $15.9 million, after reporting a loss in the same period a year earlier.

The Coppell, Texas-based company said it had net income of 33 cents per share.

The storage products retailer posted revenue of $253.2 million in the period.

For the year, the company reported profit of $21.7 million, or 45 cents per share. Revenue was reported as $895.1 million.

Container Store expects full-year earnings in the range of 41 cents to 51 cents per share, with revenue in the range of $915 million to $925 million.

Container Store shares have climbed 78% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.51, an increase of 31% 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