Container Store Stock Fair Value Calculator – CONTAINER STORE Reports Q1 FY2024 Earnings Results on August 1 2023
August 26, 2023
🌥️Earnings Overview
On August 1 2023, CONTAINER STORE ($NYSE:TCS) reported its financial results for the first quarter of FY2024, ending on June 30 2023. Total revenue for Q1 was USD 207.1 million, a decrease of 21.1% from the same period in the previous year. Net income for the quarter totaled USD -11.8 million, a decrease from the 10.5 million reported the year prior.
Market Price
On Tuesday, August 1 2023, CONTAINER STORE reported its earnings results for the first quarter of fiscal year 2024. The company’s stock opened at $3.7 and closed at the same price, seeing a slight increase of 0.3% from prior closing price. Analysts were optimistic in their outlook of the company’s performance, expecting the stock to continue its upward trend. This strong performance was attributed to the company’s efficient supply chain and cost-cutting measures.
Additionally, the company is looking forward to expanding its presence in new and emerging markets. Analysts expect CONTAINER STORE to continue to perform well in the coming quarters, with revenue and profits expected to grow. The company’s management is optimistic about its future growth prospects and believes that it can capitalize on the growing demand for its products and services. Overall, CONTAINER STORE has reported strong results for the first quarter of FY2024, exceeding analyst expectations. The company is well-positioned to capitalize on new markets and opportunities and is confident that it can continue to deliver strong returns for its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Container Store. More…
| Total Revenues | Net Income | Net Margin |
| 991.74 | -181.17 | -6.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Container Store. More…
| Operations | Investing | Financing |
| 53.15 | -55.03 | -9.11 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Container Store. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 987.96 | 738.88 | 4.85 |
Key Ratios Snapshot
Some of the financial key ratios for Container Store are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.9% | 11.1% | -15.7% |
| FCF Margin | ROE | ROA |
| -0.2% | -38.1% | -9.9% |
Analysis – Container Store Stock Fair Value Calculator
GoodWhale has conducted an analysis of CONTAINER STORE‘s fundamentals and proudly present our findings. Our proprietary Valuation Line has calculated the intrinsic value of CONTAINER STORE share to be around $7.7. However, the current market price of its stock is only $3.7. This suggests that CONTAINER STORE is currently undervalued by 51.9%. We believe this presents a great investment opportunity for investors looking to buy into a strong company at a bargain price. More…
Peers
The Container Store Group Inc is a leading retailer in the United States. The company offers a wide variety of products and services, including storage and organization, kitchen and bath, and home. The company operates through a network of retail stores and online channels. The Container Store Group Inc competes with Century Ginwa Retail Holdings Ltd, Grand Ocean Retail Group Ltd, Shirble Department Store Holdings (China) Ltd, and other retailers in the United States and internationally.
– Century Ginwa Retail Holdings Ltd ($SEHK:00162)
Century Ginwa Retail Holdings Ltd is a retail company that operates in China. The company has a market cap of 158.66M as of 2022 and a Return on Equity of -9.06%. The company operates in the retail sector and is involved in the sale of general merchandise, including clothing, footwear, household items, and other consumer goods. The company operates through a network of retail stores and has a presence in the Chinese market. The company has a strong growth potential in the Chinese retail market.
– Grand Ocean Retail Group Ltd ($TWSE:5907)
Ocean Retail Group is a leading retailer in China with over 2,500 stores across the country. The company offers a wide range of products and services, including food, clothing, and home goods. Ocean Retail Group has a market cap of 2.58B as of 2022 and a return on equity of 2.84%. The company has a strong presence in China’s retail market and is well-positioned to continue growing its business in the future.
– Shirble Department Store Holdings (China) Ltd ($SEHK:00312)
Shirble Department Store Holdings (China) Ltd is a department store chain in China. The company operates stores in Beijing, Shanghai, and Guangzhou. It offers a wide range of merchandise, including apparel, cosmetics, home furnishings, and electronics. The company also operates an online store.
Shirble Department Store Holdings (China) Ltd has a market cap of 224.55M as of 2022. The company has a Return on Equity of -11.94%. The company’s market cap and ROE are both below the industry average. This may be due to the company’s high debt levels. The company’s debt-to-equity ratio is 0.61, which is higher than the industry average of 0.54.
The company’s market cap and ROE may improve in the future as the company expands its store base and online presence.
Summary
Container Store‘s earnings for Q1 FY2024 have brought mixed results. Total revenue for the quarter was USD 207.1 million, down 21.1% from the same period last year. Net income declined to USD -11.8 million, from 10.5 million in the prior year.
Investors should carefully consider these numbers when considering this company as a potential investment. Analyzing the financial health of the company, cash flows, and customer demand will be key to assessing the prospects of investing in Container Store.
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