Although it came out ahead of a Wall Street estimate on sales, Kirkland’s net loss grew as comparable sales declined in the first quarter when the company realigned outreach to emphasize its value offering. Net loss in the quarter was $12.1 million, or 95 cents per...
As fourth-quarter sales fell and the company posted a loss, Kirkland’s Home announced that its president and CEO Woody Woodward would retire effective May 31. The company noted that its board of directors is evaluating options for a permanent successor. Board member...
In the 2022 holiday season, which includes the first two months of the company’s fiscal fourth quarter, Kirkland’s comparable sales fell 5.5% versus the same period a year earlier, the company announced. Comps were flat in November 2022 but slipped 11% in...
Kirkland’s, in posting a third-quarter loss, maintained it was getting better positioned for future gains. Kirkland’s posted a loss of $7.3 million, or 58 cents per diluted share, versus net income of $7.2 million, or 51 cents per diluted share, in the year-earlier...
In a return engagement, Kirkland’s Home has appointed Mike Madden as CFO. Kirkland’s stated that Madden has more than 15 years of executive-level experience in the retail and real estate industries, most recently serving as CFO at Priam Properties, a...
