The Container Store gets bad news from NYSE [FOX Business Network]
Container Store (The) (TCS)
Last container store (the) earnings: 2/4 04:05 pm
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Source: FOX Business Network
Shares of The Container Store were halted on the New York Stock Exchange as it prepares to delist the stock, marking the latest blow to the struggling retailer. The decision was made on Monday because it had fallen below the NYSE's continued listing standard. This standard requires listed companies to maintain an average global market capitalization of at least $15 million over 30 consecutive trading days. The company still has the right to appeal the decision. The company won't be delisted until all procedures, including any appeal of the NYSE Regulation staff's decision, are completed. But it comes amid reports that the company is on the brink of filing for bankruptcy. The nationwide retailer, which offers a range of custom spaces, organizational solutions and in-home services and at one point gained fame through the success of Netflix's "Tidying Up" series, is now contending with a weaker housing market and a growing availability of cheaper alternatives. Sam Stovall, chief
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News
- The Container Store gets bad news from NYSE [Yahoo! Finance]Yahoo! Finance
- Wallure Home Redefines Beauty's Top-Shelf With Luxury Decor [Forbes]Forbes
- The Container Store faces a do-or-die holiday shopping season [CNN]CNN
- The Container Store faces a do-or-die holiday shopping season [Yahoo! Finance]Yahoo! Finance
- The Container Store faces a do-or-die holiday shopping season [CNN]CNN
TCS
Earnings
- 10/29/24 - Miss
TCS
Sec Filings
- 12/10/24 - Form 8-K
- 12/10/24 - Form 25-NSE
- 12/6/24 - Form 8-K
- TCS's page on the SEC website