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What's Going On With Container Store Stock After Getting $40M Investment From Beyond?

What's Going On With Container Store Stock After Getting $40M Investment From Beyond?

Container Store股票在获得Beyond投资4000万美元后发生了什么?
Benzinga ·  2024/10/16 06:59

The Container Store (NYSE:TCS) shares are trading higher on Wednesday in the premarket session after diving over 19% in the last trading session.

container store(纽交所:TCS)股份周三在盘前交易中上涨,在上一个交易日下挫超过19%后。

In a press release yesterday, the company said it inked a strategic pact with Beyond, Inc. (NYSE:BYON) to boost the customer experience.

公司昨天在新闻稿中表示,与Beyond, Inc.(纽交所:BYON)签署战略协议,旨在提升客户体验。

As part of the collaboration, Beyond will invest $40 million in Container Store through a preferred equity transaction, contingent upon certain terms and conditions.

作为合作的一部分,Beyond将通过优先股交易向Container Store投资4000万美元,前提是符合一定的条款和条件。

This includes an amendment or refinancing of Container Store's credit facilities in a manner that is commercially acceptable to Beyond.

其中包括以对Beyond商业上可接受的方式进行容器商店信贷设施的修订或再融资。

Container Store will leverage its prime real estate and the Bed Bath & Beyond brand to create co-branded stores featuring kitchen, bath, and bedroom products.

container store将利用其一流的房地产和Bed Bath & Beyond品牌创建联名店,提供厨房、浴室和卧室产品。

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This partnership aims to boost traffic for Container Store's core offerings and its Custom Spaces services.

此合作旨在促进container store的核心产品和其定制空间服务的流量增长。

Additionally, Beyond will provide a global loyalty program, payment options, and insurance products at Container Store locations and online, targeting growth in Custom Spaces and improving conversion rates.

此外,Beyond将在container store的门店和在线提供全球忠诚计划、支付选项和保险产品,旨在促进定制空间的增长并提高转化率。

According to Benzinga Pro, TCS stock has lost over 65% in the past year.

根据Benzinga Pro的报道,TCS股票在过去一年中已经下跌了超过65%。

Marcus Lemonis, Executive Chairman of Beyond, commented, "We see tremendous whitespace for The Container Store's best-in-class, solution-based offerings across the entire Beyond portfolio, particularly within its high-margin Custom Spaces offering through the proprietary Elfa and Preston lines."

Beyond的执行主席马库斯•雷蒙尼斯评论说:“我们看到The Container Store的高品质、解决方案为基础的产品在整个Beyond组合中有巨大的空白,特别是在其高毛利Custom Spaces产品中,通过专有的Elfa和Preston系列。”

The Container Store will issue approximately 40,000 shares of a newly created series of preferred stock to Beyond for an aggregate purchase price of $40 million.

容器商店将向Beyond发行约40,000股新创建的优先股系列,以4000万美元的总购买价格。

Following the refinancing or amendment of the company's credit facilities and shareholder approval in the fourth quarter of 2024 or first quarter of 2025, the preferred stock will convert to common stock at a price of $17.25.

在公司信贷额度再融资或修订和股东在2024年第四季度或2025年第一季度批准后,优先股将以17.25美元的价格转换为普通股。

This would give Beyond approximately 40% ownership of The Container Store's common equity, subject to certain other conditions.

这将使Beyond拥有The Container Store普通股约40%的所有权,视情况而定。

According to Benzinga Pro, BYON stock has lost over 40% in the past year. Investors can gain exposure to the stock via Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) and ProShares Online Retail ETF (NYSE:ONLN).

根据Benzinga Pro的报道,BYON股票在过去一年中已经下跌了超过40%,投资者可以通过Siren纳斯达克NexGen经济etf(NASDAQ:BLCN)和proshares online retail etf(纽交所:ONLN)获得该股票的配置。

Price Action: BYON shares are trading higher by 1.26% to $10.47 and TCS is up by 38.9% at $14.86 premarket at last check Wednesday.

股价走势:BYON股票交易价格上涨1.26%,为10.47美元;TCS盘前交易价格上涨38.9%,为14.86美元,在上周三最后检查时。

Image via Shutterstock

图片来自shutterstock。

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