---
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"
generated_at: "2026-06-02T00:36:45.588304+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Container Store Q4 net loss $1.24/sh; revenue $206M (-20.7%); launches strategic alternatives review

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-023055
- form_type: 8-K
- cik: 0001411688
- company_name: Container Store Group, Inc.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-023055
- JSON: https://secwatch.observer/filing/0001628280-24-023055.json
- Plain text: https://secwatch.observer/filing/0001628280-24-023055.txt

## Key facts
- Earnings Releases
  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.
  - Period: fourth quarter and fiscal year ended March 30, 2024
  - Revenue: $206.0 million
  - Net income: $61.4 million
  - EPS: $1.24 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1411688/000162828024023055/0001628280-24-023055-index.htm
- Earnings Releases
  Container Store Group, Inc. reported Full fiscal year ended March 30, 2024 results: revenue $847.8 million, EPS $2.09 per diluted share.
  - Period: Full fiscal year ended March 30, 2024
  - Revenue: $847.8 million
  - EPS: $2.09 per diluted share
  - Result: reported results
  source text: Full-year consolidated net sales of $847.8 million, down 19.0% compared to fiscal 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411688/000162828024023055/0001628280-24-023055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.