Royce Funds Comments on The Container Store

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Dec 03, 2015

So one of our favorites happens to be the Container Store (TCS, Financial), which is a growth retailer. It has had a bit of a rocky start since it came public about a year and a half ago but it reminds me a lot of those long term runway companies.

The Container Store has 72 stores and they believe they can hit the 500 store mark just in the US alone, so that is 18 years of runway if they are growing their store count at about 12% a year. In addition, they have some other big growth strategies that are underway right now and will be completely rolled out throughout their chain by the end of the year.

From Royce Funds' Growth Funds Benefiting From a Steady Economy.