Type
|
Public |
---|---|
Traded as | NYSE: TCS |
Industry | Retail |
Founded | Dallas, Texas (1978) |
Founder | Garrett Boone and Kip Tindell |
Headquarters | Coppell, Texas |
Number of locations
|
90 (Nov 2017) |
Revenue | USD $795 million (2015) |
Net income
|
USD $5.1 million (2015) |
Owner | Leonard Green & Partners |
Number of employees
|
4,281 |
Website | www.containerstore.com |
USD $5.1 million (2015)
The Container Store Group, Inc. is an American specialty retail chain company that operates The Container Store, which offers storage and organization products. The company has made Fortune's list of "100 Best Companies to Work For" in each of the past 17 years, through 2016.
In February 2007, its owners announced that they were "exploring alternatives," including selling the company to private investors, in order to fund future growth. They stated that they would not sell unless they received guarantees that the corporate culture was preserved. On July 2, 2007, the company announced that they had closed a deal with a private equity firm based in Los Angeles, Leonard Green & Partners, which obtained a majority stake.
Garrett Boone and Kip Tindell met while working in the paint department of Montgomery Ward. On July 1, 1978, The Container Store opened in a small, 1,600-square-foot (150 m) retail space in Dallas. Kip Tindell (Chairman and CEO), Garrett Boone (Chairman Emeritus), and architect John Mullen opened a retail store offering a mix of products devoted to helping people simplify their lives. In doing so, they originated a new category of retailing (storage and organization). Initial cash capital was provided by Garrett, his father, and John Mullen, who were founding directors, officers and shareholders of the company. In 1999, the company bought one of its main suppliers, Elfa International, a Swedish corporation that specialized in shelving and storage units.
The first store location outside Texas opened in Atlanta, Georgia in April 1991. By December 1998, the chain had grown to 18 stores in operation. In October 2000, its first New York metropolitan area store opened. As of November 2004, it had 33 locations, and reached 38 with the opening of the first Los Angeles area location in October 2006.
Following the deal with Leonard Green & Partners, announced in July 2007, the company announced plans to open 29 more stores in the next five years. The first Arkansas location (Little Rock) opened in March 2008, followed by the first Arizona location (Scottsdale) in the summer, and the first Minnesota location (Edina) and second Ohio location (Cincinnati) that fall.
As of May 2016, The Container Store has 80 locations, with plans to open several stores in the following months. On May 9, the company announced that Kip Tindell would be stepping down as CEO and would be succeeded by COO and president Melissa Reiff.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q2 2022 | 2022-10-31 | Future report Set alerts | |
Q1 2022 | 2022-08-02 | 0.21 | 0.21 |
Q4 2021 | 2022-05-17 | 0.46 | 0.46 |
Q3 2021 | 2022-02-08 | 0.28 | 0.28 |
Q2 2021 | 2021-11-02 | 0.54 | 0.54 |
Q1 2021 | 2021-08-03 | 0.36 | 0.36 |
Q4 2020 | 2021-05-18 | 0.71 | 0.71 |
Q3 2020 | 2021-02-02 | 0.42 | 0.42 |
Q2 2020 | 2020-10-20 | 0.43 | 0.41 |
Q1 2020 | 2020-07-28 | -0.32 | -0.34 |
2016-04-26 | Boost Price Target | Goldman Sachs | Neutral | $5.75 to $7.50 |
2016-04-26 | Reiterated Rating | Jefferies Group | Hold | |
2016-04-26 | Boost Price Target | Goldman Sachs Group Inc. | Neutral | $5.75 to $7.50 |
2016-04-06 | Boost Price Target | Goldman Sachs | Neutral | $5.30 to $5.75 |
2016-03-30 | Initiated Coverage | Barclays | Equal Weight | $6.00 |
2016-03-30 | Initiated Coverage | Barclays PLC | Equal Weight | $6.00 |
2016-01-11 | Reiterated Rating | Morgan Stanley | Equal Weight | $6.00 |
2016-01-08 | Downgrade | JPMorgan Chase & Co. | Overweight to Neutral | |
2016-01-08 | Lower Price Target | Credit Suisse | Outperform | $20.00 to $10.00 |
2016-01-08 | Lower Price Target | Credit Suisse Group AG | Outperform | $20.00 to $10.00 |
2015-12-17 | Initiated Coverage | Goldman Sachs | Neutral | $8.00 |
2015-12-11 | Downgrade | Bank of America | Buy to Underperform | $23.00 to $9.00 |
2015-12-11 | Downgrade | Bank of America Corp. | Buy to Underperform | $23.00 to $9.00 |
2015-10-13 | Upgrade | BB&T Corp. | Hold | |
2015-10-06 | Reiterated Rating | Sterne Agee CRT | Hold | $18.00 to $16.00 |
2015-08-24 | Reiterated Rating | JPMorgan Chase & Co. | Buy | |
2015-08-20 | Upgrade | BB&T Corp. | Underweight to Hold | $15.76 to $20.14 |
2015-08-16 | Reiterated Rating | Sterne Agee CRT | Hold | $18.00 |
2015-07-08 | Boost Price Target | Jefferies Group | Hold | $15.00 to $16.00 |
2015-05-04 | Reiterated Rating | Credit Suisse | Outperform | $27.00 to $16.00 |
2015-05-03 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | $25.00 to $21.00 |
2015-04-28 | Reiterated Rating | Sterne Agee CRT | Fair Value | |
2015-04-28 | Lower Price Target | Barclays | Equal Weight | $19.00 to $12.00 |
2015-04-28 | Lower Price Target | CRT Capital | Fairly Valued | $22.00 to $17.00 |
2015-03-26 | Downgrade | BB&T Corp. | Hold to Underweight | |
2015-01-09 | Boost Price Target | Jefferies Group | Hold | $20.00 to $21.00 |
2015-01-09 | Lower Price Target | CRT Capital | Fairly Valued | $25.00 to $22.00 |
2014-11-14 | Initiated Coverage | CRT Capital | Fair Value | $25.00 |
2014-11-07 | Upgrade | Bank of America | Underperform to Buy | $24.00 |
2014-10-07 | Reiterated Rating | Jefferies Group | Hold | $24.00 to $20.00 |
2014-10-07 | Lower Price Target | Barclays | $19.00 | |
2014-10-02 | Reiterated Rating | Barclays | Equal Weight | $24.00 to $19.00 |
2014-07-22 | Initiated Coverage | Paradigm Capital | Buy | $10.00 |
2014-07-17 | Initiated | BB&T Capital Mkts | Hold | |
2014-07-16 | Initiated Coverage | BB&T Corp. | Hold | |
2014-07-10 | Reiterated Rating | Morgan Stanley | Equal Weight | $30.00 to $25.00 |
2014-07-10 | Lower Price Target | Jefferies Group | $29.00 to $24.00 | |
2014-07-09 | Set Price Target | JPMorgan Chase & Co. | Overweight to Overweight | $35.00 to $28.00 |
2014-07-09 | Reiterated Rating | Credit Suisse | Outperform | $45.00 to $32.00 |
2014-07-09 | Lower Price Target | Barclays | Equal Weight | $32.00 to $26.00 |
2014-07-09 | Boost Price Target | Jefferies Group | Hold | $24.00 to $29.00 |
2014-06-24 | Initiated Coverage | Morgan Stanley | Equal Weight | $30.00 |
2014-04-29 | Reiterated Rating | Guggenheim | Neutral | $37.00 to $35.00 |
2014-04-29 | Reiterated Rating | Barclays | Equal Weight | $32.00 |
2014-04-24 | Lower Price Target | Barclays | Equal Weight | $40.00 to $34.00 |
2014-04-17 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | $40.00 |
2014-02-24 | Downgrade | Bank of America | Neutral to Underperform | $46.00 to $32.00 |
2014-02-24 | Downgrade | Stifel Nicolaus | Buy to Hold | $43.00 |
2014-01-08 | Downgrade | Bank of America | Buy to Neutral | $46.00 |
2014-01-08 | Boost Price Target | Jefferies Group | $37.00 to $41.00 | |
2013-11-26 | Initiated Coverage | Barclays | Equal Weight | $40.00 |
2013-11-26 | Initiated Coverage | Jefferies Group | Hold | $37.00 |
2013-11-26 | Initiated Coverage | Guggenheim | Neutral | $35.00 |
2013-11-26 | Initiated Coverage | Bank of America | Buy | $48.00 |
2013-11-26 | Initiated Coverage | Credit Suisse | Outperform | $45.00 |
2013-11-26 | Initiated Coverage | JPMorgan Chase & Co. | Overweight | $44.00 |
2013-11-26 | Initiated Coverage | Wells Fargo & Co. | Market Perform | |
2013-11-26 | Initiated Coverage | Wells Fargo | Market Perform | |
2013-11-11 | Initiated Coverage | Stifel Nicolaus | Buy | $43.00 |
2016-04-26 | Boost Price Target | Goldman Sachs | Neutral | $5.75 to $7.50 |
2016-04-26 | Reiterated Rating | Jefferies Group | Hold | |
2016-04-26 | Boost Price Target | Goldman Sachs Group Inc. | Neutral | $5.75 to $7.50 |
2016-04-06 | Boost Price Target | Goldman Sachs | Neutral | $5.30 to $5.75 |
2016-03-30 | Initiated Coverage | Barclays | Equal Weight | $6.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In TCS 106 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
LEONARD GREEN PARTNERS LP | 15.45M |
DIMENSIONAL FUND ADVISORS LP | 2.54M |
BlackRock Inc. | 2.53M |
Vanguard Group, Inc | 1.74M |
D. E. Shaw & Co., Inc. | 1.27M |
FMR LLC | 1.21M |
BANK OF AMERICA CORP /DE/ | 1.20M |
STATE STREET CORP | 0.89M |
GEODE CAPITAL MANAGEMENT, LLC | 0.58M |
JB CAPITAL PARTNERS LP | 0.55M |
BlackRock Fund Advisors | 0.53M |
WEBER ALAN W | 0.52M |
ROYCE & ASSOCIATES LLC | 0.44M |
BlackRock Institutional Trust Company, N.A. | 0.42M |
Nuveen Asset Management, LLC | 0.41M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
TINDELL SHARON CHIEF MERCHANDISING OFFICER | 3.46% (1660359) | TCS / |
Tindell William A CHIEF EXECUTIVE OFFICER | 3.38% (1622131) | TCS / WFM / |
REIFF MELISSA PRESIDENT & COO | 0.75% (358471) | TCS / |
TAYLOR JODI CHIEF FINANCIAL OFFICER | 0.13% (63598) | TCS / |
VON MENTZER PER CEO OF ELFA | 0.07% (35324) | TCS / |
Jordan Robert E | 0.06% (30000) | LUV / TCS / |
LODWICK PETER VP & GENERAL COUNSEL | 0.04% (17367) | TCS / |
SISODIA RAJENDRA | 0.02% (10750) | TCS / |
MILLER JEFFREY A VICE PRESIDENT & CAO | 0.02% (8119) | TCS / |
ROBB WALTER E IV | 0.01% (6500) | TCS / WFM / |
STERN CARYL | 0.01% (4850) | TCS / |