The Container Store said Tuesday that first quarter net sales fell 12.2% year over year to $181.9 million. Net sales for the company’s retail business fell 12.1% to $171.5 million, while net loss ...
CEO Satish Malhotra acknowledged third-quarter results missed the company’s expectations. He attributed the sales declines to ongoing challenges in the company’s core general merchandise category.
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 reduced economies of scale. I expect pressure on top ...
The next time you walk into a sales center at a new home community, you may be stepping into a shipping container. In the latest twist to reusing shipping containers, Marketshare, a company that ...
Even with rival Bed Bath and Beyond Inc. closing its doors, Container Store Group Inc. expects a sales decline to worsen, sending shares toward their lowest prices since 2020 on Tuesday afternoon. In ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (WJET/WFXP) — The Container Store, one of ...
TORONTO — Northern Container Sales launches service across Canada, posts live shipping container prices by market at NorthernContainerSales.ca. Toronto based Northern Container Sales, Inc. has ...
Although sales for The Container Store’s general merchandise assortment remain challenged, the storage and organization retailer’s custom spaces business was a bright spot for the quarter. “We ...
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