We’re delighted to congratulate The Container Store on its successful public debut on the New York Stock Exchange. Shares doubled from an initial public offering of $18 to $36 a share. Everyone here at eSite is very proud of our client as the company hits its 13th straight month of positive comparable-store-sales and looks toward adding at least 300 more locations to its store network. No surprise there!
Update: On January 8, 2014, The Container Store reported its fourteenth consecutive quarter of comparable store sales increases. Kip Tindell, Chairman and Chief Executive Officer, had this to say in a company-issued press release:
“Our commitment to our Foundation Principles and Conscious Capitalism, our focus on training, communication and solutions-based selling, coupled with strong partnerships with our vendors, results in an unmatched store experience for our customers as they shop the world’s most comprehensive and celebrated collection of storage and organization solutions. With 63 stores today, we have a long runway of growth ahead of us as we expand our store base to realize the 300+ store opportunity that we believe exists.”