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Latest TCS News From Around the Web
Below are the latest news stories about Container Store Group Inc that investors may wish to consider to help them evaluate TCS as an investment opportunity.
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Container Store, Inc. (The) -- Moody's announces completion of a periodic review of ratings of Container Store, Inc. (The)
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Container Store, Inc. (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Coronavirus update: Global case tally tops 4.31 million as Russia sees spike in cases, Brazil and Mexico suffer deadliest day yet
The number of global cases of COVID-19 rose above 4.31 million on Wednesday, as Russia counted another 10,000 infections and Brazil and Mexico suffered their deadliest day since the start of the pandemic.
Thank you for listening to The Container Store's Fourth Quarter Fiscal Year 2019 Preliminary Financial Results and Business Update Call. Melissa Reiff, Chairwoman and Chief Executive Officer; and Jodi Taylor, Chief Financial and Administrative Officer, will provide further commentary on the company's fourth quarter and full year results and will also provide an update on quarter-to-date trends in the business, which we announced with our press release, dated May 12, 2020.
Q4 2019 Container Store Group Inc Pre-Recorded Earnings Call
The Container Store Group Inc. shares turned lower in the extended session Tuesday after the retailer reported some fiscal fourth-quarter numbers, including sales below Wall Street expectations. The company said that quarterly sales are seen at $241.3 million, down 4.7% compared with the fourth quarter of fiscal 2018, mostly because of the pandemic. Comparable-store sales are estimated to fall 3.6%. The quarter was tracking the company's "expectations" until the last few weeks of the period, when store closures and other business disruption started, the company said. Analysts polled by FactSet expect fourth-quarter sales around $250 million. The retailer is expected to report a complete fourth-quarter picture next week. The Container Store said it had a cash balance of about $67.8 mill...
The Container Store Group, Inc. Announces Preliminary Unaudited Selected Financial Results for Fourth Quarter and Fiscal Year 2019
The Container Store Group, Inc. (NYSE: TCS) (the "Company"), today announced preliminary results for the fourth quarter and fiscal year 2019 ended March 28, 2020.
The Container Store Group, Inc. to Provide Preliminary Unaudited Financial Results for Fourth Quarter and Full Year Fiscal 2019
The Container Store Group, Inc. (NYSE: TCS) (the "Company") today announced that it plans to release preliminary unaudited selected financial results for the fourth quarter and fiscal year ended March 28, 2020 ("fiscal 2019") after market close on Tuesday, May 12, 2020.
The Container Store Group Inc. is closing all remaining stores that weren’t already closed in accordance with state and local orders and announced additional furloughs, the company stated in a regulatory filing on Monday.
The Container Store Group Inc. said Monday it is closing all remaining stores that were not already closed by state and local orders due to the coronavirus pandemic. The Coppell, Tx-based retailer said it will switch to click & pick curbside pickup and in-store appointments only, with just one customer at a time to be allowed into a store in select locations where it is allowed and employees want to work. The company has furloughed its store workers. Shares were not yet active premarket but have fallen 52% in the year to date, while the S&P 500 has fallen 23%.