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Kirkland`s Inc - KIRK STOCK NEWS

Welcome to our dedicated news page for Kirkland`s (Ticker: KIRK), a resource for investors and traders seeking the latest updates and insights on Kirkland`s.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kirkland`s's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kirkland`s's position in the market.

News
KIRKLAND'S HOME REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS
Rhea-AI Summary
Kirkland's, Inc. (Nasdaq: KIRK) reports positive financial results for Q4 2023 and FY 2023, with net sales of $165.9 million and $468.7 million respectively. Despite a 4.8% decrease in comparable sales for FY 2023, the company saw improvements in gross profit margin and operating income. The CEO, Amy Sullivan, highlights strategic repositioning initiatives that led to positive results and anticipates profitable growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.6%
Tags
earnings
-
News
Kirkland's Home Sets Fourth Quarter and Fiscal Year 2023 Earnings Conference Call for March 21, 2024, at 9:00 a.m. ET
Rhea-AI Summary
Kirkland's, Inc. to discuss financial results in a conference call on March 21, 2024, following the release of fourth-quarter and fiscal year data. CEO Amy Sullivan and CFO Mike Madden will lead the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.07%
Tags
earnings
-
News
Kirkland's Home Secures $12 Million in Additional Debt Financing to Support Strategic Repositioning Efforts
Rhea-AI Summary
Kirkland's, Inc. (Nasdaq: KIRK) has entered into a supplemental credit facility to increase its available credit by up to $12 million. The company secured additional debt financing through a new first-in last-out, asset-based, delayed-draw term loan facility to support its strategic repositioning efforts. The CFO commented that the additional capital will provide the company with sufficient room to continue executing its strategic repositioning and accelerate components of its strategy aimed at returning the company to historical levels of performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
none
News
Kirkland's Home Promotes Amy Sullivan to CEO
Rhea-AI Summary
Kirkland's, Inc. has appointed Amy Sullivan as the new CEO, effective February 4, 2024. Sullivan, a long-time executive at the company, has played a key role in the strategic repositioning initiatives, contributing to improved holiday season sales in 2023. She is expected to lead the company towards profitable growth in the long-term.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.24%
Tags
none
-
News
Kirkland's Home Announces Holiday 2023 Comparable Sales Results
Rhea-AI Summary
Kirkland's, Inc. (Nasdaq: KIRK) reported a 3.1% increase in comparable sales for the 2023 holiday season, with a 1.5% increase in November and a 4.8% increase in December. The positive sales were attributed to strong in-store performance, increased traffic, and conversion rates. The interim CEO, Ann Joyce, expressed satisfaction with the company's performance, highlighting improvements in merchandise margin and the success of strategic pivots in marketing and merchandise assortments. Kirkland's Home aims to build on this success in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.24%
Tags
none
-
News
KIRKLAND'S HOME REPORTS THIRD QUARTER 2023 RESULTS
Rhea-AI Summary
Kirkland's, Inc. (Nasdaq: KIRK) announced financial results for the 13-week and 39-week periods ended October 28, 2023. The company reported net sales of $116.4 million, with a 9.2% decrease in comparable sales. Gross profit margin improved by 130 basis points year-over-year to 26.3%. Operating loss remained flat at $6.7 million, and adjusted EBITDA loss was $3.2 million. The company ended the period with a cash balance of $5.8 million and $62.0 million in outstanding debt. Despite challenges in the macro-economy, the company is optimistic and encouraged by recent improvements, expecting solid year-over-year improvement in profitability during the fourth quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
earnings
News
Kirkland's Home Sets Third Quarter 2023 Earnings Conference Call for November 30, 2023, at 9:00 a.m. ET
Rhea-AI Summary
Kirkland's, Inc. (Nasdaq: KIRK) to Hold Conference Call on November 30, 2023, to Discuss Third Quarter Financial Results. Interim CEO Ann Joyce, President and COO Amy Sullivan, and EVP and CFO Mike Madden will host the call. Investors can access the live broadcast and replay on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
Tags
earnings
-
News
KIRKLAND'S HOME REPORTS SECOND QUARTER 2023 RESULTS
Rhea-AI Summary
Kirkland's, Inc. announces financial results for Q2 2023. Net sales were $89.5 million with a 9.7% decrease in comparable sales. Gross profit margin improved to 19.5%. Operating loss improved to $18.1 million. Adjusted EBITDA loss improved to $13.5 million. Ended the quarter with $4.9 million in cash and $46.0 million in outstanding debt. Management believes they are well-positioned for the upcoming selling seasons.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.32%
Tags
earnings
-
News
Kirkland's Home Sets Second Quarter 2023 Earnings Conference Call for September 6, 2023, at 9:00 a.m. ET
Rhea-AI Summary
Kirkland's to hold conference call on September 6, 2023, to discuss Q2 financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.31%
Tags
earnings
News
KIRKLAND'S HOME REPORTS FIRST QUARTER 2023 RESULTS
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.81%
Tags
earnings
Stock KIRK logo
Kirkland`s Inc

Nasdaq:KIRK

KIRK Rankings

#5043 Ranked by Market Cap
#4861 Ranked by Stock Gains
N/A Ranked by Dividends

KIRK Stock Data

30.25M
10.75M
9.6%
27.5%
5.23%
All Other Home Furnishings Stores
Retail Trade
Link
United States
Brentwood

About KIRK

at kirkland's, we believe that home is a reflection of how we live, who we are, and what we live for. every room its own tapestry. every object used to decorate, a symbol not only of our personal style, but of our innermost passions. we are based in nashville, tn and currently operate 382 stores in 35 states. at each store's front door, you will be greeted by endless possibilities for refreshing, redecorating, re-imagining. where items personally selected to fill our shelves, are ready, to in turn fill your home, your personal style, your passions. where everything we do is designed to help you find that certain something. and where the desire to bring your vision to life tomorrow is rewarded with an affordability that allows you to bring those styles home today. welcome home to kirkland's. now hiring! see all job postings online at kirklands.com!