The Container Store on Thursday reported fiscal third-quarter net income of $6.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Coppell, Texas-based company said it had profit of 13 cents. Earnings, adjusted for non-recurring gains, were 7 cents per share.
The results matched Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 7 cents per share.
The storage products retailer posted revenue of $190.9 million in the period, which did not meet Street forecasts. Analysts expected $200.4 million, according to Zacks.
Container Store expects full-year earnings in the range of 41 cents to 44 cents per share, with revenue in the range of $785 million to $795 million.
Container Store shares have climbed 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $19.90, a decline of 49 percent in the last 12 months.
This story was generated by Automated Insights using data from Zacks Investment Research. TCS stock research report from Zacks.