by Mike Duff | Jan 26, 2024 | Retail Articles
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...
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...
by Mike Duff | Dec 1, 2023 | Retail Articles
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...
by Mike Duff | Sep 6, 2023 | Retail Articles
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...
by Mike Duff | Jun 8, 2023 | Retail Articles
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...
