Kirkland's, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 29, 2022
December 02, 2022 at 07:00 am EST
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Kirkland's, Inc. reported earnings results for the third quarter and nine months ended October 29, 2022. For the third quarter, the company reported sales was USD 130.96 million compared to USD 143.63 million a year ago. Net loss was USD 7.34 million compared to net income of USD 7.23 million a year ago. Basic loss per share from continuing operations was USD 0.58 compared to basic earnings per share from continuing operations of USD 0.54 a year ago. Diluted loss per share from continuing operations was USD 0.58 compared to diluted earnings per share from continuing operations of USD 0.51 a year ago.
For the nine months, sales was USD 336.35 million compared to USD 381.99 million a year ago. Net loss was USD 40.9 million compared to net income of USD 9.57 million a year ago. Basic loss per share from continuing operations was USD 3.22 compared to basic earnings per share from continuing operations of USD 0.69 a year ago. Diluted loss per share from continuing operations was USD 3.22 compared to diluted earnings per share from continuing operations of USD 0.64 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. 
