CONTAINER STORE, INC. (TCS)

EARNINGS RELEASE TUESDAY - MAY 14 (AMC)

JUMP BACK

Jump Report

Avg Daily Volume: 298,495    Market Cap: 408.91M 
Sector: Services    Short Interest: 14.34

EARNINGS EXPECTATIONS:   

CONSENSUS     EPS:  .30/share      REV:  244.4/M

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   LAST QTR:  EPS: .07/share    ESTIMATED: .12/share  (MISS)
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   NEXT QTR: EPS: -.05/share    REV: 200.8/M
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   FY19:  EPS:  .39/share    REV: 886.1/M
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*These are the base metrics we will be watching against the actual release numbers

BEAT/MISS HISTORY: 33% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) : -26.73, -43.08, 47.81

POTENTIAL JUMP MOVE:  20-25%

Links To Latest News and Headlines

The Container Store Group, Inc. (NYSE: TCS) today announced that its third quarter of fiscal 2020 financial results will be released after market close on Tuesday, February 2, 2021. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. This call will include both live, prepared remarks as well as a Q&A session.

If you want to know who really controls The Container Store Group, Inc. ( NYSE:TCS ), then you’ll have to look at the…

23 Dec, 2020 @ 13:46 by Yahoo! Finance

In his first “Executive Decision” segment of Mad Money Tuesday evening, Jim Cramer spoke with Melissa Reiff, CEO of The Container Store , the home goods retailer that reported strong earnings. Prices are above the rising 40-week moving average line.

Melissa Reiff has been the CEO of The Container Store Group, Inc. ( NYSE:TCS ) since 2016, and this article will…

22 Dec, 2020 @ 17:54 by Yahoo! Finance

The organization and storage specialist names a new CEO and says the fiscal third quarter is going better than expected.

Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.

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ANALYSIS:

Stockjumpers trajectory analysis reveals a negative market reaction to the release news. They may post a miss on some of the metrics and the stock drops post release. The current price is off 8% from yesterday’s high – so this move may be anticipated as investors go into today’s event. We would be more comfortable having shorted this yesterday as the stock price continues to fall this morning 

We are SHORT on the event.

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TRADE PLAN:

ENTRY:  SELL
STOP LOSS:  5%
TAKE PROFIT:  12%
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UPDATE: (2:43PM) We remain biased short.

POST RELEASE ACTION: They beat, but there is weakness in the forward, we remain short. 

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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.