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-0.0044350132625995 -0.00424403183023882 -0.0185676392572945 -0.0185676392572945 0.00265251989389924 -0.0302387267904509 -0.0503978779840848 -0.0652519893899204
Stock impact report

Kirkland's stock slides 10% premarket as profit and guidance fall short [MarketWatch]

Kirkland's, Inc. (KIRK) 
Last kirkland's, inc. earnings: 9/5 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kirklands.com
Company Research Source: MarketWatch
Kirkland's stock slides 10% premarket as profit and guidance fall short Shares of home decor retailer Kirkland's Inc. KIRK, -8.58% slid 10% in premarket trade Friday after posting weaker-than-expected profit in the latest quarter and offering guidance that was below consensus. Nashville, Tenn.-based Kirkland's said it had net income of $14.2 million, or 95 cents a share, in its fiscal fourth-quarter to Feb. 2, up from $12.9 million, or 79 cents a share, in the year-earlier period. Sales fell 3.8% to $216.1 million. The FactSet consensus was for EPS of 97 cents and sales of $216 million. Same-store sales fell 3.3%, matching the FactSet consensus. "While we made progress in key operational areas in 2018, we are disappointed with our overall performance and believe we need to accelerate the pace of change within the organization," CEO Woody Woodward said in a statment. "We are taking meaningful steps to further transform the business to address ongoing changes in home décor retailing. Show less Read more
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