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The Container Store Group (NYSE:TCS – Get Rating) had its target price reduced by Lake Street Capital from $7.00 to $5.00 in a report issued on Wednesday, The Fly reports. Separately, StockNews.com initiated coverage on The Container Store Group in a research note on Thursday, March 16th. They set a hold rating for the company. […]
COPPELL, Texas (AP) — COPPELL, Texas (AP) — The Container Store Group Inc. (TCS) on Tuesday reported a loss of $189.3 million in its fiscal fourth quarter. The Coppell, Texas-based company said it had a loss of $3.85 per share.
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Companies are striving to benefit from the downfall of a major competitor.
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…