Kirkland's, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 29, 2023
September 06, 2023 at 07:00 am EDT
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Kirkland's, Inc. reported earnings results for the second quarter and six months ended July 29, 2023. For the second quarter, the company reported sales was USD 89.5 million compared to USD 102.1 million a year ago. Net loss was USD 19.36 million compared to USD 25.71 million a year ago. Basic loss per share from continuing operations was USD 1.51 compared to USD 2.02 a year ago. Diluted loss per share from continuing operations was USD 1.51 compared to USD 2.02 a year ago.
For the six months, sales was USD 186.38 million compared to USD 205.39 million a year ago. Net loss was USD 31.47 million compared to USD 33.56 million a year ago. Basic loss per share from continuing operations was USD 2.46 compared to USD 2.65 a year ago. Diluted loss per share from continuing operations was USD 2.46 compared to USD 2.65 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.
KIRKLAND'S, INC. 
