{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-023055","form_type":"8-K","ticker":null,"cik":"0001411688","company_name":"Container Store Group, Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.307508+00:00","generated_at":"2026-06-02T00:36:45.588304+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Container Store Q4 net loss $1.24/sh; revenue $206M (-20.7%); launches strategic alternatives review","bullets":["Full-year net sales $847.8M, down 19.0% YoY; comp store sales -19.7%.","Q4 net loss $61.4M ($1.24 diluted) vs $189.3M loss year ago; adjusted net loss $0.04/sh.","Full-year net loss $103.3M ($2.09 diluted) vs $158.9M loss in FY22; adjusted loss $0.32/sh.","Non-cash impairment charges of $73.8M in Q4 (trade names); $97.3M for FY.","Board initiates formal review of strategic alternatives; financial guidance suspended; J.P. Morgan advising."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-023055","json":"https://secwatch.observer/filing/0001628280-24-023055.json","markdown":"https://secwatch.observer/filing/0001628280-24-023055.md","text":"https://secwatch.observer/filing/0001628280-24-023055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1411688/000162828024023055/0001628280-24-023055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1411688/000162828024023055/tcs-20240514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:36:45.588304+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"16ee97039e0ed10427493f9eb184f1e46b5262ff","claim":"Container Store Group, Inc. reported fourth quarter and fiscal year ended March 30, 2024 results: revenue $206.0 million, net income $61.4 million, EPS $1.24 per diluted share.","evidence_excerpt":"today announced its financial results for the fourth quarter and fiscal year 2023 ended March 30, 2024. For the fourth quarter of fiscal 2023: • Consolidated net sales were $206.0 million, down 20.7%, compared to the fourth quarter of fiscal 2022. Net sales in The Container Store retail business (“TCS”) were $195.3 million, down 20.4%. Elfa International AB","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1411688/000162828024023055/0001628280-24-023055-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended March 30, 2024"},{"label":"Revenue","value":"$206.0 million"},{"label":"Net income","value":"$61.4 million"},{"label":"EPS","value":"$1.24 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fd913e404712a40c176c0d540c3aca372f70d06f","claim":"Container Store Group, Inc. reported Full fiscal year ended March 30, 2024 results: revenue $847.8 million, EPS $2.09 per diluted share.","evidence_excerpt":"Full-year consolidated net sales of $847.8 million, down 19.0% compared to fiscal 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1411688/000162828024023055/0001628280-24-023055-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full fiscal year ended March 30, 2024"},{"label":"Revenue","value":"$847.8 million"},{"label":"EPS","value":"$2.09 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}