Kirkland's, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 28, 2023
November 30, 2023 at 07:00 am EST
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Kirkland's, Inc. reported earnings results for the third quarter and nine months ended October 28, 2023. For the third quarter, the company reported sales was USD 116.37 million compared to USD 130.96 million a year ago. Net loss was USD 6.4 million compared to USD 7.34 million a year ago. Basic loss per share from continuing operations was USD 0.5 compared to USD 0.58 a year ago. Diluted loss per share from continuing operations was USD 0.5 compared to USD 0.58 a year ago.
For the nine months, sales was USD 302.74 million compared to USD 336.35 million a year ago. Net loss was USD 37.87 million compared to USD 40.9 million a year ago. Basic loss per share from continuing operations was USD 2.95 compared to USD 3.22 a year ago. Diluted loss per share from continuing operations was USD 2.95 compared to USD 3.22 a year ago.
Kirklandâs, Inc. is a specialty retailer of home decor and furnishings in the United States. The Company operates about 330 stores in 35 states as well as an e-commerce Website, www.kirklands.com, under the Kirklandâs Home brand. The Companyâs merchandise categories include holiday decor, furniture, textiles, decorative accessories, art, home fragrance, ornamental wall decor, mirrors, housewares, lighting, floral, outdoor and gift. All the Companyâs stores operate under the names Kirklandâs, Kirklandâs Home, Kirklandâs Home Outlet, Kirklandâs Outlet, and The Kirkland Collection. The Companyâs storeâs locations include Texas, Florida, Georgia, North Carolina, Tennessee, California, Alabama, Illinois, Indiana, Pennsylvania, Louisiana, Ohio, Michigan, Missouri, South Carolina, Virginia, Kentucky, Arizona, Oklahoma, Mississippi, New Jersey, Arkansas, Wisconsin, North Dakota, West Virginia, Delaware, Minnesota, Nevada, Nebraska, Maryland, and Colorado among others.