The Container Store Group, Inc. (TCS) Research

The Container Store Group, Inc. (TCS) is a prominent retailer in the United States, specializing in a diverse range of storage and organization products and comprehensive solutions. The company's operations are divided into two primary segments: The Container Store and Elfa. TCS offers an extensive inventory of approximately 11,000 items, all designed to help customers enhance organization within their homes and workplaces. Key product categories feature bespoke closet systems, including proprietary brands such as elfa Classic, elfa Decor, Laren, and Avera, alongside a variety of wood-based custom solutions tailored for different areas like garages, home offices, pantries, laundry rooms, murphy beds, and built-in wall units. Beyond its retail offerings, TCS also engages in the design and manufacturing of adaptable, component-based shelving and drawer systems, suitable for any room from kitchens to offices. This manufacturing arm further produces made-to-measure sliding doors, primarily for the Nordic European market. As of April 2, 2022, TCS maintained a physical presence with 94 retail stores, each spanning an average of about 25,000 square feet, spread across 33 states and the District of Columbia. Customers can purchase products directly through the company's online platform, responsive mobile site, and call center, or indirectly via wholesale distribution to various retailers and partners. The Container Store Group, Inc. was established in 1978 and is headquartered in Coppell, Texas.

Market snapshot

Symbol
TCS
Price
$2.65
Day change
+22.69%
Market cap
$9.1M
P/E ratio
-0.08x
52-week range
0.32-37.8
Sector
Consumer Cyclical
Industry
Specialty Retail
Analyst price target
$1.00

Recent news

  • Anthropic taps TCS to scale its enterprise AI deployments

    Anthropic has partnered with Indian IT services giant Tata Consultancy Services in a bid to accelerate adoption of its artificial intelligence models at enterprises.

  • India's TCS partners with Anthropic to drive enterprise AI scaling

    India's Tata Consultancy Services has partnered with Anthropic to launch an alliance ​to drive enterprise AI scaling, the country's ‌largest software services exporter said on Thursday.

Peer companies

  • Arrival (ARVLF)
  • Boxed, Inc. (BOXD)
  • iMedia Brands, Inc. (IMBI)
  • INNEOVA Holdings Ltd (INEO)
  • JOANN Inc. (JOAN)
  • JX Luxventure Limited (JXJT)
  • Superior Industries International, Inc. (SUP)
  • SRIVARU Holding Limited Ordinary Shares (SVMH)

Recent insider activity

  • Green Equity Investors V, L.P. — A-Award (24390 shares) on 2024-08-28
  • Galashan John Kristofer — A-Award (24390 shares) on 2024-08-28
  • Tyson Charles E — A-Award (24390 shares) on 2024-08-28
  • Tyson Charles E — D-Return (10424 shares) on 2024-08-28
  • STURGIS WENDI CHRISTINE — A-Award (24390 shares) on 2024-08-28

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