Kirkland's, Inc. operates as a specialty retailer of home décor in the United States. The company's stores provide various merchandise, including holiday décor, furniture, textiles, ornamental wall décor, decorative accessories, art, mirrors, fragrance and accessories, lamps, artificial floral products, housewares, outdoor living items, gifts, and frames. Its stores also offer an assortment of holiday merchandise in seasonal periods. The company operates its stores under the Kirkland's, Kirkland's Home, Kirkland's Home Outlet, Kirkland's Outlet, and The Kirkland Collection names. As of January 30, 2021, the company operated 373 stores in 35 states, as well as an e-commerce website, www.kirklands.com. Kirkland's, Inc. was founded in 1966 and is headquartered in Brentwood, Tennessee.
IPO Year: 2002
Exchange: NASDAQ
Website: kirklands.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/10/2022 | $30.00 → $15.00 | Buy → Hold | Craig-Hallum |
10/15/2021 | $30.00 | Buy | The Benchmark Company |
10/15/2021 | $30.00 | Buy | Benchmark |
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Craig-Hallum downgraded Kirkland's from Buy to Hold and set a new price target of $15.00 from $30.00 previously
The Benchmark Company initiated coverage of Kirklands with a rating of Buy and set a new price target of $30.00
Benchmark initiated coverage of Kirkland's with a rating of Buy and set a new price target of $30.00
Ann Joyce named Board Chair NASHVILLE, Tenn., June 27, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, today announced the results of its 2024 Annual Meeting of Shareholders held June 26, 2024 (the "Annual Meeting"). Amy Sullivan was elected and Ann Joyce was re-elected to the Board of Directors (the "Board"). R. Wilson Orr, III and Steven J. Collins did not receive a majority of the votes cast, and each offered his resignation from the Board. The Board, after considering the shareho
- Former Kirkland's Executive Returns to Help Lead Next Chapter of Transformation - NASHVILLE, Tenn., Aug. 9, 2022 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, has appointed Mike Madden as chief financial officer ("CFO"), effective September 1, 2022. Madden brings to Kirkland's Home over 15 years of executive level experience in both the retail and real estate industries. Most recently, he served as CFO at Priam Properties, a private real estate investment firm that focuses on multi-t
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Strategic Partnership Between Kirkland's Home and Beyond, Inc. to Drive Sustainable Profitable Growth and Leverage Core Strengths of Both Companies Beyond to Invest $25 Million via Combined Debt and Equity Transaction to Strengthen Kirkland's Capital Position and Fuel Growth Initiatives Kirkland's to Host a Conference Call Today at 8:30am ET NASHVILLE, Tenn. and MIDVALE, Utah, Oct. 21, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's"), a specialty retailer focused on delivering "Always Something New" through its on-trend and seasonally relevant home decor at a great price, and Beyond, Inc. (NYSE:BYON) ("Beyond"), owner of Bed Bath & Beyond, Overstock, Zulily, and other onl
NASHVILLE, Tenn., Sept. 5, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, announced financial results for the 13-week and 26-week periods ended August 3, 2024. Second Quarter 2024 SummaryNet sales of $86.3 million; Overall comparable sales decreased 1.7%, inclusive of 1.8% growth in comparable brick-and-mortar stores compared to Q2 2023.Gross profit margin expanded 100 bps to 20.5% compared to Q2 2023.Operating loss of $13.3 million, a $4.8 million improvement compared to Q2 2023.Adj
NASHVILLE, Tenn., Aug. 22, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, today announced that its financial results for the second quarter of fiscal 2024 will be released before market open on Thursday, September 5, 2024. The Company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. Date: Thursday, September 5, 2024Time: 9:00 a.m. Eastern TimeToll-free dial-in number: 1-855-560-2577International dial-in number: 1-412-542-4163Conference ID: 10191
NASHVILLE, Tenn., June 6, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, announced financial results for the 13-week period ended May 4, 2024. First Quarter 2024 Summary Net sales of $91.8 million; Overall comparable sales decreased 3.5%, inclusive of 2.8% growth in comparable brick-and-mortar stores compared to Q1 2023. Gross profit margin expanded 280 bps to 29.5% compared to Q1 2023.Operating loss of $7.5 million, a $2.8 million improvement compared to Q1 2023. Adjusted EBITDA los
NASHVILLE, Tenn., May 23, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, today announced that its financial results for the first quarter of fiscal 2024 will be released before market open on Thursday, June 6, 2024. The Company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. Date: Thursday, June 6, 2024Time: 9:00 a.m. Eastern TimeToll-free dial-in number: 1-855-560-2577International dial-in number: 1-412-542-4163Conference ID: 10189094 Please c
NASHVILLE, Tenn., March 21, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, announced financial results for the 14-week and 53-week periods ended February 3, 2024. Fourth Quarter 2023 Summary Net sales were $165.9 million, with comparable sales on a 13-week comparison increasing 1.7%.Gross profit margin of 32.0%.Operating income of $10.7 million, a $13.9 million improvement quarter-over-quarter.Operating cash flow of $28.2 million.Adjusted EBITDA of $14.2 million.Closed 9 stores durin
NASHVILLE, Tenn., March 7, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, will hold a conference call on Thursday, March 21, 2024, at 9:00 a.m. Eastern time to discuss its financial results for the fourth quarter and fiscal year ended February 3, 2024. The results will be reported in a press release prior to the conference call. Kirkland's Home management will host a conference call to discuss its financial results for the fourth quarter and fiscal year ended February 3, 2024, follow
NASHVILLE, Tenn., Nov. 30, 2023 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, announced financial results for the 13-week and 39-week periods ended October 28, 2023. Third Quarter 2023 Summary Net sales were $116.4 million, with comparable sales decreasing 9.2%.Gross profit margin improved 130 basis points year-over-year to 26.3%.Operating loss was flat year-over-year at $6.7 million.Adjusted EBITDA loss of $3.2 million.Ended the period with a cash balance of $5.8 million and $62.0 milli
NASHVILLE, Tenn., Nov. 16, 2023 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, will hold a conference call on Thursday, November 30, 2023, at 9:00 a.m. Eastern time to discuss its financial results for the third quarter ended October 28, 2023. The results will be reported in a press release prior to the conference call. Kirkland's Home management will host a conference call to discuss its financial results for the third quarter ended October 28, 2023, followed by a question-and-answer per
NASHVILLE, Tenn., Sept. 6, 2023 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, announced financial results for the 13-week and 26-week periods ended July 29, 2023. Second Quarter 2023 Summary Net sales were $89.5 million, with comparable sales decreasing 9.7%.Gross profit margin improved 140 basis points year-over-year to 19.5%.Operating loss improved to $18.1 million.Adjusted EBITDA loss improved to $13.5 million.Ended the period with a cash balance of $4.9 million and $46.0 million in o
Boston, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, will provide real estate consulting services in support of Kirkland's Inc.'s store growth strategy following the payoff of the firm's $12 million term loan.The U.S. home décor and furnishings retailer operating under the Kirkland's Home brand has launched a new partnership with Beyond Inc., the U.S. owner of Bed Bath & Beyond, Overstock, Zulily and other online retail brands. Additionally, Beyond has invested in Kirkland's to support future collaborations, including the launch of new Bed Bath & Beyond small-format retail stores, as its exclusive brick-and-mortar operator and licensee. To support these
Strategic Partnership Between Kirkland's Home and Beyond, Inc. to Drive Sustainable Profitable Growth and Leverage Core Strengths of Both Companies Beyond to Invest $25 Million via Combined Debt and Equity Transaction to Strengthen Kirkland's Capital Position and Fuel Growth Initiatives Kirkland's to Host a Conference Call Today at 8:30am ET NASHVILLE, Tenn. and MIDVALE, Utah, Oct. 21, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's"), a specialty retailer focused on delivering "Always Something New" through its on-trend and seasonally relevant home decor at a great price, and Beyond, Inc. (NYSE:BYON) ("Beyond"), owner of Bed Bath & Beyond, Overstock, Zulily, and other onl
NASHVILLE, Tenn., Sept. 5, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, announced financial results for the 13-week and 26-week periods ended August 3, 2024. Second Quarter 2024 SummaryNet sales of $86.3 million; Overall comparable sales decreased 1.7%, inclusive of 1.8% growth in comparable brick-and-mortar stores compared to Q2 2023.Gross profit margin expanded 100 bps to 20.5% compared to Q2 2023.Operating loss of $13.3 million, a $4.8 million improvement compared to Q2 2023.Adj
NASHVILLE, Tenn., Aug. 22, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, today announced that its financial results for the second quarter of fiscal 2024 will be released before market open on Thursday, September 5, 2024. The Company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. Date: Thursday, September 5, 2024Time: 9:00 a.m. Eastern TimeToll-free dial-in number: 1-855-560-2577International dial-in number: 1-412-542-4163Conference ID: 10191
NASHVILLE, Tenn., July 22, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, has been recognized as America's #1 Home Goods & Décor Retailer by Newsweek as part of its third annual ranking of America's Best Retailers. "We are honored to be recognized as one of America's Best Retailers and a leader among our Home Goods and Décor peers," said Amy Sullivan, CEO of Kirkland's Home. "This recognition is a testament to our team and the customer experience we strive to deliver day in and day o
Ann Joyce named Board Chair NASHVILLE, Tenn., June 27, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, today announced the results of its 2024 Annual Meeting of Shareholders held June 26, 2024 (the "Annual Meeting"). Amy Sullivan was elected and Ann Joyce was re-elected to the Board of Directors (the "Board"). R. Wilson Orr, III and Steven J. Collins did not receive a majority of the votes cast, and each offered his resignation from the Board. The Board, after considering the shareho
NASHVILLE, Tenn., June 6, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, announced financial results for the 13-week period ended May 4, 2024. First Quarter 2024 Summary Net sales of $91.8 million; Overall comparable sales decreased 3.5%, inclusive of 2.8% growth in comparable brick-and-mortar stores compared to Q1 2023. Gross profit margin expanded 280 bps to 29.5% compared to Q1 2023.Operating loss of $7.5 million, a $2.8 million improvement compared to Q1 2023. Adjusted EBITDA los
NASHVILLE, Tenn., May 23, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, today announced that its financial results for the first quarter of fiscal 2024 will be released before market open on Thursday, June 6, 2024. The Company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. Date: Thursday, June 6, 2024Time: 9:00 a.m. Eastern TimeToll-free dial-in number: 1-855-560-2577International dial-in number: 1-412-542-4163Conference ID: 10189094 Please c
NASHVILLE, Tenn., March 21, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, announced financial results for the 14-week and 53-week periods ended February 3, 2024. Fourth Quarter 2023 Summary Net sales were $165.9 million, with comparable sales on a 13-week comparison increasing 1.7%.Gross profit margin of 32.0%.Operating income of $10.7 million, a $13.9 million improvement quarter-over-quarter.Operating cash flow of $28.2 million.Adjusted EBITDA of $14.2 million.Closed 9 stores durin
NASHVILLE, Tenn., March 7, 2024 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ:KIRK) ("Kirkland's Home" or the "Company"), a specialty retailer of home décor and furnishings, will hold a conference call on Thursday, March 21, 2024, at 9:00 a.m. Eastern time to discuss its financial results for the fourth quarter and fiscal year ended February 3, 2024. The results will be reported in a press release prior to the conference call. Kirkland's Home management will host a conference call to discuss its financial results for the fourth quarter and fiscal year ended February 3, 2024, follow
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Benchmark analyst John Lawrence reiterates Kirkland's (NASDAQ:KIRK) with a Buy and maintains $7 price target.
Kirkland’s Inc (NASDAQ:KIRK) reported a first-quarter FY24 sales decline of 5.3% year-on-year to $91.75 million, missing the analyst consensus estimate of $93.07 million. Comparable sales decreased 3.5% versus last year, including a 19.1% decline in e-commerce sales and a 2.8% increase in comparable store sales. The decrease was primarily driven by a decrease in consolidated average ticket and e-commerce traffic, partially offset by an increase in store traffic and conversion. Gross profit margin expanded 280 basis points Y/Y to 29.5%. The operating loss for the quarter was $7.5 million versus a loss of $10.3 million last year. Adjusted EBITDA was a loss of $4.5 million compared
Kirkland's (NASDAQ:KIRK) reported quarterly losses of $(0.68) per share which beat the analyst consensus estimate of $(0.92) by 26.09 percent. This is a 28.42 percent increase over losses of $(0.95) per share from the same period last year. The company reported quarterly sales of $91.75 million which missed the analyst consensus estimate of $93.07 million by 1.42 percent. This is a 5.29 percent decrease over sales of $96.88 million the same period last year.
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Kirkland’s Inc (NASDAQ:KIRK) shares are trading higher after the company reported fourth-quarter FY23 results. Revenue of $165.9 million, missing the consensus of $167.2 million. The net sales increase on year was primarily driven by $6.6 million of net sales for the 53rd week of fiscal 2023 and growth in same-store sales, partially offset by the impact of store closures. On a 13-week comparison, comparable same-store sales increased 1.7%, including an 8.3% decline in e-commerce sales on higher store traffic and conversion, partly offset by a decreased average ticket. Gross profit margin expanded to 32.0% from 24.8% a year ago on improved merchandise margin, favorable outbound fre