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The Container Store Wows Investors With Positive Comps

The Container Store Group, Inc. (NYSE: TCS) reported fiscal fourth-quarter financial results after the markets closed on Monday. The company had $0.20 in earnings per share (EPS) on $232.1 million in revenue compared to consensus estimates from Thomson Reuters that called for $0.21 in EPS on $230.53 million in revenue. The same period from the previous year had $0.24 in EPS on $224.26 million in revenue.

Comparable store sales for the quarter were up 0.2% compared to the previous fourth quarter, exceeding the guidance of – 3.0% to – 5.0% comparable store sales growth and marking the third consecutive quarter of positive...