Kirkland's stock shoots up toward 5-month higher after results beat expectations [MarketWatch]
Kirkland's, Inc. (KIRK)
Last kirkland's, inc. earnings: 9/5 06:30 am
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Source: MarketWatch
Kirkland's stock shoots up toward 5-month higher after results beat expectations Shares of Kirkland's Inc. KIRK, +16.21% shot up 16% toward a five-month high in premarket trade Thursday, after the home decor retailer reported fiscal first-quarter results that beat expectations. The net loss for the quarter narrowed to $882 million, or 6 cents a share, from $1.44 billion, or 9 cents a share, in the same period a year ago. Excluding non-recurring items, the company broke even on a per-share basis, compared with the FactSet consensus for a loss of 10 cents a share. Revenue rose 7.2% to $142.5 million, topping the FactSet consensus of $140.3 million, while same-store sales growth of 1.4% topped expectations of a 1.3% rise. "Kirkland's achieved record sales in the quarter driven by continued momentum in our e-commerce business and gains in both conversion and average ticket in store," said acting Chief Executive Mike Cairnes. The stock, on track to open at the highest level seen during
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KIRK
News
- Kirkland's, Inc. (NASDAQ: KIRK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- KIRKLAND'S HOME REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS [Yahoo! Finance]Yahoo! Finance
- KIRKLAND'S HOME REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTSPR Newswire
- Kirkland's Home Sets Fourth Quarter and Fiscal Year 2023 Earnings Conference Call for March 21, 2024, at 9:00 a.m. ETPR Newswire
- Gordon Brothers Supports Kirkland's Strategic Repositioning with $12M Term Loan [Yahoo! Finance]Yahoo! Finance
KIRK
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- 3/29/24 - Form 10-K
- KIRK's page on the SEC website