The Container Store Group, Inc. is the nation’s leading retailer of storage and organization products and solutions – a concept they originated in 1978. Today, with locations nationwide, the retailer offers more than 11,000 products designed to help customers accomplish projects, maximize their space and make the most of their home. The Container Store also offers a full suite of custom closets designed to accommodate all sizes, styles and budgets.
Company profile
Ticker
TCS
Exchange
Website
CEO
Melissa Reiff
Employees
Location
Fiscal year end
Industry (SIC)
Former names
TCS Holdings
SEC CIK
Corporate docs
Subsidiaries
The Container Store, Inc • TCS Gift Card Services, LLC • Closet Parent Company, Inc. • Closet Works, LLC • Elfa International AB • Elfa Deutschland GmbH • Elfa Sweden AB • Elfa Doors AB • Elfa Lumi AB • Elfa Lumi A/S ...
IRS number
260565401
TCS stock data
Analyst ratings and price targets
Current price
Average target
$5.00
Low target
$5.00
High target
$5.00
Goldman Sachs
Maintains
$5.00
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
10 Nov 22
10-Q
2022 Q2
Quarterly report
2 Nov 22
8-K
The Container Store Group, Inc. Announces Second Quarter Fiscal 2022 Financial Results
1 Nov 22
8-K
Amendments to Articles of Incorporation or Bylaws
7 Sep 22
8-K
Regulation FD Disclosure
31 Aug 22
10-Q
2022 Q1
Quarterly report
3 Aug 22
8-K
The Container Store Group, Inc. Announces First Quarter Fiscal 2022 Financial Results
2 Aug 22
DEFA14A
Additional proxy soliciting materials
12 Jul 22
DEF 14A
Definitive proxy
12 Jul 22
10-K
2021 FY
Annual report
2 Jun 22
Transcripts
TCS
Earnings call transcript
2022 Q2
2 Nov 22
TCS
Earnings call transcript
2022 Q1
3 Aug 22
TCS
Earnings call transcript
2021 Q4
18 May 22
TCS
Earnings call transcript
2021 Q3
9 Feb 22
TCS
Earnings call transcript
2021 Q2
3 Nov 21
TCS
Earnings call transcript
2021 Q1
4 Aug 21
TCS
Earnings call transcript
2020 Q4
19 May 21
TCS
Earnings call transcript
2020 Q3
3 Feb 21
TCS
Earnings call transcript
2020 Q2
20 Oct 20
TCS
Earnings call transcript
2020 Q2
28 Jul 20
Latest ownership filings
3
Stacey Shively
22 Nov 22
4
WENDI CHRISTINE STURGIS
16 Sep 22
4
Change in insider ownership
8 Sep 22
4
Change in insider ownership
2 Sep 22
4
John Kristofer Galashan
2 Sep 22
4
JONATHAN D SOKOLOFF
2 Sep 22
4
Robert E Jordan
2 Sep 22
4
CARYL STERN
2 Sep 22
4
WENDI CHRISTINE STURGIS
2 Sep 22
4
Tony Laday
2 Sep 22
Financial summary
| Quarter (USD) | Oct 22 | Jul 22 | Apr 22 | Jan 22 | |
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| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Apr 22 | Apr 21 | Mar 20 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 19.81 mm | 19.81 mm | 19.81 mm | 19.81 mm | 19.81 mm | 19.81 mm |
| Cash burn (monthly) | 1.13 mm | 276.92 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 4.52 mm | 1.11 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 15.29 mm | 18.71 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 13.5 | 67.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 121 |
| Opened positions | 16 |
| Closed positions | 35 |
| Increased positions | 40 |
| Reduced positions | 31 |
| 13F shares | Current |
|---|---|
| Total value | 439.41 mm |
| Total shares | 56.81 mm |
| Total puts | 59.50 k |
| Total calls | 58.20 k |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Green Equity Investors V | 15.83 mm | $238.71 mm |
| Leonard Green & Partners | 15.45 mm | $75.71 mm |
| Front Street Capital Management | 2.65 mm | $13.00 mm |
| Dimensional Fund Advisors | 2.54 mm | $12.43 mm |
| BLK Blackrock | 2.53 mm | $12.38 mm |
| Vanguard | 1.74 mm | $8.51 mm |
| Woodson Capital Management | 1.66 mm | $8.12 mm |
| D. E. Shaw & Co. | 1.27 mm | $6.24 mm |
| FMR | 1.21 mm | $5.95 mm |
| BAC Bank Of America | 1.20 mm | $5.86 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Sep 22 | Wendi Christine Sturgis | Common Stock | Gift | Dispose G | No | No | 0 | 1,400 | 0.00 | 67,940 |
| 7 Sep 22 | Green Equity Investors V | Common Stock, par value $0.01 | Sell | Dispose S | Yes | No | 6.4841 | 72,806 | 472.08 k | 173,134 |
| 6 Sep 22 | Green Equity Investors V | Common Stock, par value $0.01 | Sell | Dispose S | Yes | No | 6.4304 | 32,805 | 210.95 k | 245,940 |
| 31 Aug 22 | Klinger Lisa | Common Stock | Grant | Acquire A | No | No | 0 | 19,174 | 0.00 | 25,582 |
| 31 Aug 22 | Tony Laday | Common Stock | Grant | Acquire A | No | No | 0 | 19,174 | 0.00 | 30,429 |
Press releases
The Container Store Group, Inc. Announces Third Quarter Fiscal 2022 Earnings Conference Call
24 Jan 23
The Container Store Group, Inc. Announces Participation in the 2023 ICR Conference
3 Jan 23
Blackhawk Network adds The Container Store to its B2B Content Portfolio
6 Dec 22
The Container Store Group, Inc. Announces New Chief Merchandising Officer and New Chief Operating Officer
10 Nov 22