Container Store Group Third Quarter 2024 Earnings: EPS Misses Expectations
Container Store Group (NYSE:TCS) Third Quarter 2024 Results
Key Financial Results
Revenue: US$214.9m (down 15% from 3Q 2023).
Net loss: US$6.43m (down by 254% from US$4.17m profit in 3Q 2023).
US$0.13 loss per share (down from US$0.085 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Container Store Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.3%.
Looking ahead, revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are down 37% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Container Store Group.
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