Tag Archives: IPO

Container Store Net Rises in FY, Falls in Q4

Container Store

COPPELL, Texas-The Container Store Group reported adjusted net income of $16.4 million for its fiscal year ending on March 1, up 1.2 percent, despite a drop in fourth-quarter net income of 10.6 percent to $10.7 million. The bottom-line numbers were adjusted for a number of items such as distributions to preferred shareholders, the costs forMore »

Ares, Serta and Simmons Parent, Launches IPO

Ares Management

NEW YORK-Ares Management, one of the parent companies of mattress manufacturers Serta and Simmons and of retailer Neiman Marcus, has begun an initial public offering, according to a filing with the U.S. Securities and Exchange Commission. The filing did not specify how many shares are in the IPO, or the price per share, nor didMore »

Burlington Stores Q3 Net Loss Widens

Burlington Stores

BURLINGTON, N.J.-Costs related to its initial public offering, rising interest expenses and a reduced income-tax benefit deepened Burlington Stores’ third-quarter net loss from $7.4 million last year to $16.9 million this year. The retailer incurred costs of more than $12 million related to its initial public offering, which was completed in October, including expenses forMore »

Neiman Marcus Files for IPO

NeimanMarcus

DALLAS–Luxury retailer Neiman Marcus has filed an initial public offering with the Securities and Exchange Commission, and, according to published reports, plans to raise $100 million. The company did not say yesterday how many shares it plans to offer or the price range for the proposed offering. Private equity firms TPG Capital and Warburg PincusMore »