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...
To support its strategic repositioning efforts, Kirkland’s Home has entered into a supplemental credit facility that will increase its available credit by up to $12 million, the company announced. The company secured additional debt financing through a new...
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...
The third quarter held incremental gains at Kirkland’s Home, the company asserted, with a Wall Street beat on earnings despite a significant comp decline. Net loss was $6.4 million, or 50 cents per diluted share, versus $7.3 million, or 58 cents per diluted...
The second quarter was a difficult one for Kirkland’s, but its CEO, Ann Joyce, said the company is primed to deliver better results with the help of merchandising and marketing improvements. Net loss was $19.4 million, or $1.51 per diluted share, but less than the net...
