TCS / Container Store's millionaire CEO cut his salary to make sure staffers get a raise

Container Store Group (TCS) reports second-quarter fiscal 2023 results where revenues decline 19.4% year over year due to a 19.8% fall in container st more_horizontal

The Container Store Group, Inc. (NYSE:TCS ) Q2 2023 Earnings Conference Call October 31, 2023 4:30 PM ET Corporate Participants Caitlin Churchill - IR more_horizontal

The Container Store is facing both short-term and long-term concerns. I think bankruptcy risks are low, which provides some downside protection at the more_horizontal

The Container Store swung to a loss in its fiscal first quarter, which ended on July 1. Sales were down over 21% from 2022, to $207.1 million, and sto more_horizontal

The company's revenue decreased by 21.1% YoY, while operating loss (% of revenue) reached 5%. SGA spending (% of revenue) increased to 53.8% due to re more_horizontal

Start Time: 16:30 January 1, 0000 5:07 PM ET The Container Store Group, Inc. (NYSE:TCS ) Q1 2023 Earnings Conference Call August 01, 2023, 16:30 PM ET more_horizontal

Container Store Group (TCS) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to more_horizontal

The storage and organization retailer has teamed up with online seller Dormify to grab some of Bed Bath & Beyond's share of the back-to-school market. more_horizontal