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Kirkland’s Reduces Q2 Loss, Positions for the Holidays

Kirkland’s Reduces Q2 Loss, Positions for the Holidays

by Mike Duff | Sep 5, 2024 | Retail Articles

Kirkland’s narrowed its loss in the second quarter compared to a year ago, beating Wall Street estimates while reporting store traffic gains ahead its critical holiday period. Net loss was $14.5 million, or $1.11 per diluted share, versus a net loss of $19.4 million,...
Kirkland’s Reduces Q2 Loss, Positions for the Holidays

Kirkland’s Posts Physical Store Comp Gain in Q1 While Cutting Losses

by Mike Duff | Jun 6, 2024 | Retail Articles

Kirkland’s Home managed to cut its losses in the first quarter more than Wall Street expected, and, while overall comps slipped, physical stores posted a gain. Net loss was $8.8 million, or 68 cents per diluted share, versus a net loss of $12.1 million, or 95 cents...
Kirkland’s Reduces Q2 Loss, Positions for the Holidays

Kirkland’s Beats Street Estimates As It Pursues Turnaround

by Mike Duff | Mar 21, 2024 | Home + Housewares, Retail Articles

In the fourth quarter, Kirkland’s Home turned a profit and beat Wall Street estimates. Net income in the 14-week fourth quarter was $10.1 million, or 78 cents per diluted share, versus a net loss of $3.8 million, or 30 cents per diluted share, in the 13-week...
Kirkland’s Reduces Q2 Loss, Positions for the Holidays

Kirkland’s Promotes Sullivan to CEO After Positive Comps

by Mike Duff | Jan 19, 2024 | Retail Articles

As it touted positive comparable sales, Kirkland’s Home announced it appointed a new chief executive. The company promoted Amy Sullivan to CEO, effective February 4. She will join the board of directors. Sullivan succeeds interim CEO Ann Joyce, who will remain...
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