UK markets open in 7 hours 45 minutes
  • NIKKEI 225

    -521.94 (-1.64%)

    -478.44 (-2.69%)

    +0.22 (+0.25%)

    -3.30 (-0.18%)
  • DOW

    -430.97 (-1.29%)
  • Bitcoin GBP

    -97.68 (-0.43%)
  • CMC Crypto 200

    -4.68 (-0.79%)
  • NASDAQ Composite

    -248.31 (-1.87%)
  • UK FTSE All Share

    -28.63 (-0.70%)

Container Store Group Second Quarter 2023 Earnings: EPS Beats Expectations, Revenues Lag

Container Store Group (NYSE:TCS) Second Quarter 2023 Results

Key Financial Results

  • Revenue: US$272.7m (down 1.2% from 2Q 2022).

  • Net income: US$15.7m (down 42% from 2Q 2022).

  • Profit margin: 5.8% (down from 9.9% in 2Q 2022). The decrease in margin was primarily driven by higher expenses.

  • EPS: US$0.32 (down from US$0.55 in 2Q 2022).


All figures shown in the chart above are for the trailing 12 month (TTM) period

Container Store Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are down 16% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Container Store Group (1 is a bit unpleasant!) that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at)

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here