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. Earnings, adjusted for one-time gains and costs, were 18 cents per share.
The storage products retailer posted revenue of $259.7 million in the period.
For the year, the company reported a loss of $158.9 million, or $3.21 per share. Revenue was reported as $1.05 billion.
For the current quarter ending in June, Container Store expects its results to range from a loss of 16 cents per share to a loss of 10 cents per share.
The company said it expects revenue in the range of $200 million to $210 million for the fiscal first quarter.
Container Store expects full-year earnings in the range of 21 cents to 31 cents per share, with revenue ranging from $885 million to $900 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TCS at https://www.zacks.com/ap/TCS
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