Container Store Group (TCS) Reports Q2 Loss, Lags Revenue Estimates

Container Store Group (TCS) came out with a quarterly loss of $3.23 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -6,360%. A quarter ago, it was expected that this storage products retailer would post a loss of $2.70 per share when it actually produced a loss of $3.90, delivering a surprise of -44.44%. Over the last four qua ...