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Container Store Group Q4 adjusted EPS $0.24

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Staff writer ▼ | April 27, 2015
The Container Store Group announced financial results for the fourth quarter and fiscal year 2014 ended February 28, 2015. Q4 adjusted net income was $11.8 million or $0.24 per adjusted diluted common share.
Container Store Group
Container Store Group   Q4 adjusted net income was $11.8 million
This compares to $10.7 million or $0.22 per adjusted diluted common share for the fourth quarter of fiscal 2013.

For full fiscal year 2014, adjusted net income was $16.5 million or $0.34 per adjusted diluted common share compared to $16.4 million or $0.33 per adjusted diluted common share in fiscal 2013.

Adjusted EBITDA was $31.3 million for the fourth quarter of fiscal 2014 compared to $29.3 million for the fourth quarter of fiscal 2013. Adjusted EBITDA was $88.2 million in the full fiscal year 2014 compared to $86.1 million in fiscal 2013.

Net sales were $224.3 million for the fourth quarter of fiscal 2014. Net sales for the full fiscal year 2014 were $781.9 million.

company comparable store sales for the fourth quarter of fiscal 2014 were down 0.8% over the same period in fiscal 2013 and down 1.4% for the full fiscal year 2014 compared to fiscal 2013.

The company opened seven new stores in fiscal 2014 and relocated one store, and achieved its targeted 12% square footage growth.


 

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