The Container Store Group: Bed Bath & Beyond Bankruptcy May Spark Rally

Summary

  • The Container Store looks to benefit handsomely from the looming bankruptcy of competitor Bed Bath & Beyond.
  • A 10-year low valuation could support a multi-year run higher for the share quote.
  • Strong levels of operating profitability and store count growth are other positives to consider.

As investors and creditors prepare for the high likelihood of a Bed Bath & Beyond (BBBY) bankruptcy, talk of who would actually benefit from a reduction in competition has been increasing. My vote for