Kirkland's (KIRK) Misses Q1 EPS by 3c; Comps Rose 0.5%

Kirkland's (NASDAQ: KIRK) reported Q1 EPS of $0.06, $0.03 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $129.9 million versus the consensus estimate of $132.32 million.

Comparable store sales for the first quarter of fiscal 2016, including e-commerce sales, increased 0.5% compared with an increase of 3.0% in the prior-year quarter. Kirkland's opened 14 stores and closed 8 during the first quarter of fiscal 2016, bringing the total number of stores to 382 at quarter end.

Kirkland's reaffirmed FY2016 guidance.

For earnings history and earnings-related data on Kirkland's (KIRK) click here.

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