Kirkland's, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended February 03, 2024
March 21, 2024 at 07:00 am
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Kirkland's, Inc. reported earnings results for the fourth quarter and full year ended February 03, 2024. For the fourth quarter, the company reported sales was USD 165.95 million compared to USD 162.48 million a year ago. Net income was USD 10.12 million compared to net loss of USD 3.79 million a year ago. Basic earnings per share from continuing operations was USD 0.78 compared to basic loss per share from continuing operations of USD 0.3 a year ago. Diluted earnings per share from continuing operations was USD 0.78 compared to diluted loss per share from continuing operations of USD 0.3 a year ago.
For the full year, sales was USD 468.69 million compared to USD 498.83 million a year ago. Net loss was USD 27.75 million compared to USD 44.69 million a year ago. Basic loss per share from continuing operations was USD 2.16 compared to USD 3.52 a year ago. Diluted loss per share from continuing operations was USD 2.16 compared to USD 3.52 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.