TCS · Container Store Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $219.73M | $207.11M | $214.90M | $219.73M | $207.11M | $252.24M | $272.67M | $262.63M | $267.30M | $275.95M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $109.04M | $106.09M | $125.22M | $126.67M | $114.55M | $143.44M | $154.43M | $150.09M | $152.35M | $163.54M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $10.35M | $10.87M | $11.53M | $10.38M | $10.51M | $9.95M | $9.55M | $9.01M | $8.67M | $8.54M |
| Operating Income | ($14.46M) | ($13.76M) | $371.0K | ($17.82M) | ($10.46M) | $10.68M | $25.03M | $17.93M | $22.20M | $39.77M |
| Interest Expense | - | - | $5.15M | $5.24M | $4.97M | $4.39M | $3.78M | $3.22M | $3.21M | $3.19M |
| Income Tax | ($4.40M) | ($4.49M) | $1.65M | $591.0K | ($3.59M) | $2.13M | $5.50M | $4.23M | $5.29M | $9.39M |
| Net Income | ($16.11M) | ($14.73M) | ($6.43M) | ($23.65M) | ($11.84M) | $4.17M | $15.75M | $10.48M | $13.69M | $27.20M |
| EPS - Basic | ($4.85) | ($0.30) | ($0.13) | ($0.48) | ($0.24) | $0.08 | $0.31 | $0.21 | $0.28 | $0.55 |
| EPS - Diluted | ($4.85) | ($0.30) | ($0.13) | ($0.48) | ($0.24) | $0.08 | $0.31 | $0.21 | $0.27 | $0.54 |
Balance Sheet
| Line item | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $66.12M | $44.09M | $16.01M | $10.20M | $12.15M | $19.01M | $23.14M | $23.21M | $19.01M | $23.14M |
| Accounts Receivable | $24.51M | $22.61M | $27.49M | $24.86M | $21.87M | $30.79M | $28.62M | $30.47M | $32.56M | $31.04M |
| Inventory | $152.60M | $157.76M | $163.09M | $173.44M | $170.51M | $190.31M | $190.14M | $190.75M | $196.64M | $173.14M |
| Accounts Payable | $64.69M | $60.81M | $49.33M | $65.28M | $53.30M | $57.70M | $79.89M | $68.92M | $70.98M | $86.23M |
| Current Assets | $273.15M | $251.90M | $233.68M | $231.76M | $230.11M | $253.75M | $267.00M | $269.67M | $272.34M | $254.20M |
| Total Assets | $969.20M | $958.67M | $960.78M | $969.51M | $987.96M | $1.21B | $1.21B | $1.22B | $1.20B | $1.12B |
| Current Liabilities | $211.65M | $192.27M | $192.80M | $203.96M | $184.24M | $201.82M | $231.49M | $229.34M | $224.28M | $227.30M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $836.37M | $813.03M | $735.89M | $745.10M | $738.88M | $759.51M | $768.98M | $790.83M | $794.45M | $728.49M |
| Stockholders' Equity | $132.83M | $145.64M | $224.89M | $224.41M | $249.08M | $449.51M | $444.68M | $433.61M | $406.64M | $394.72M |
| Retained Earnings | ($712.13M) | ($696.02M) | ($619.92M) | ($613.49M) | ($589.84M) | ($388.75M) | ($392.92M) | ($408.67M) | ($442.30M) | ($456.00M) |
Cash Flow
| Line item | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($8.11M) | - | - | ($2.99M) | - | - | $3.17M | - | - |
| Investing Cash Flow | - | ($8.26M) | - | - | ($8.94M) | - | - | ($18.33M) | - | - |
| Financing Cash Flow | - | $39.42M | - | - | $16.96M | - | - | $24.40M | - | - |
| CapEx | - | $8.60M | - | - | $8.90M | - | - | $17.62M | - | - |
| Free Cash Flow | - | ($16.71M) | - | - | ($11.89M) | - | - | ($14.45M) | - | - |
Ratios
| Metric | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 49.6% | 51.2% | 58.3% | 57.6% | 55.3% | 56.9% | 56.6% | 57.1% | 57.0% | 59.3% |
| Operating margin | -6.6% | -6.6% | 0.2% | -8.1% | -5.0% | 4.2% | 9.2% | 6.8% | 8.3% | 14.4% |
| EBITDA margin | -1.9% | -1.4% | 5.5% | -3.4% | 0.0% | 8.2% | 12.7% | 10.3% | 11.5% | 17.5% |
| Net margin | -7.3% | -7.1% | -3.0% | -10.8% | -5.7% | 1.7% | 5.8% | 4.0% | 5.1% | 9.9% |
| Free cash flow margin | - | -8.1% | - | - | -5.7% | - | - | -5.5% | - | - |
| FCF / Net income | - | 1.13 | - | - | 1.00 | - | - | -1.38 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | 33.8% | 25.9% | 28.8% | 27.9% | 25.7% |
| Return on assets | -1.7% | -1.5% | -0.7% | -2.4% | -1.2% | 0.3% | 1.3% | 0.9% | 1.1% | 2.4% |
| Return on equity | -12.1% | -10.1% | -2.9% | -10.5% | -4.8% | 0.9% | 3.5% | 2.4% | 3.4% | 6.9% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.29 | 1.31 | 1.21 | 1.14 | 1.25 | 1.26 | 1.15 | 1.18 | 1.21 | 1.12 |
| Quick ratio | 0.57 | 0.49 | 0.37 | 0.29 | 0.32 | 0.31 | 0.33 | 0.34 | 0.34 | 0.36 |
| Cash ratio | 0.31 | 0.23 | 0.08 | 0.05 | 0.07 | 0.09 | 0.10 | 0.10 | 0.08 | 0.10 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | 0.1x | -3.4x | -2.1x | 2.4x | 6.6x | 5.6x | 6.9x | 12.5x |
| Equity multiplier | 7.30 | 6.58 | 4.27 | 4.32 | 3.97 | 2.69 | 2.73 | 2.82 | 2.95 | 2.85 |
| Liabilities / Assets | 0.86 | 0.85 | 0.77 | 0.77 | 0.75 | 0.63 | 0.63 | 0.65 | 0.66 | 0.65 |
| Efficiency | ||||||||||
| Asset turnover | 0.23 | 0.22 | 0.22 | 0.23 | 0.21 | 0.21 | 0.22 | 0.21 | 0.22 | 0.25 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 41d | 40d | 47d | 41d | 39d | 45d | 38d | 42d | 44d | 41d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.0% | 0.0% | -14.8% | -19.4% | -21.1% | -5.6% | -1.2% | 7.1% | -3.0% | 11.2% |
| Revenue CAGR (3y) | -7.3% | -5.5% | -7.9% | -4.0% | - | 3.3% | 4.9% | 20.1% | 6.4% | 7.1% |
| Revenue CAGR (5y) | -1.5% | 6.4% | -0.6% | -0.4% | 1.1% | 2.5% | 4.5% | 7.5% | 4.3% | 6.1% |
| Gross profit growth (YoY) | -13.9% | -7.4% | -12.7% | -18.0% | -23.7% | -5.8% | -5.6% | 2.6% | -4.5% | 12.0% |
| Operating income growth (YoY) | 18.9% | -31.6% | -96.5% | - | - | -51.9% | -37.1% | -32.4% | -32.4% | 17.8% |
| Net income growth (YoY) | 31.9% | -24.5% | - | - | - | -69.6% | -42.1% | -40.7% | -30.4% | 34.6% |
| EPS growth (YoY) | -910.4% | -25.0% | - | - | - | -70.4% | -42.6% | - | 440.0% | 575.0% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | -40.6% | - | - | 17.7% | - | - | -277.3% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -40.8% | -41.5% | -50.0% | -49.5% | -42.6% | 10.5% | 12.7% | 17.3% | 26.1% | 36.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-03-30.
Business segments
$847.78M totalTCS$801.43M · 94.5%
Elfa$46.35M · 5.5%
Peer comparison
Same SIC group: Retail-Home Furniture, Furnishings & Equipment Stores
Comparing Container Store Group against the 5 most active filers in the same SIC group.