Kirkland's (KIRK) Q409 Comps Up 10.2% Y/Y
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Kirkland's, Inc. (NASDAQ: KIRK) today reported sales for the 13-week and 52-week periods ended January 30, 2010.
Net sales for the 13-week period ended January 30, 2010, were $142.8 million compared with $133.6 million for the 13-week period ended January 31, 2009. Comparable store sales for the fourth quarter of fiscal 2009 increased 10.2% compared with a 5.3% increase in the prior-year quarter.
Net sales for the 52-week period ended January 30, 2010, were $406.2 million compared with $391.3 million for the 52-week period ended January 31, 2009. Comparable store sales for fiscal 2009 increased 8.4% compared with a 3.6% increase in fiscal 2008. The Company opened 18 stores and closed 38 during fiscal 2009, ending the year with 279 stores.
Robert Alderson, Kirkland's President and Chief Executive Officer, said, "The fourth quarter is the most important of the year for us, and our customers responded favorably to our seasonal and core merchandise assortments. Sales were above plan both during and after the holiday selling season. As we had expected and planned, the holiday sales environment was less promotional than last year."
Net sales for the 13-week period ended January 30, 2010, were $142.8 million compared with $133.6 million for the 13-week period ended January 31, 2009. Comparable store sales for the fourth quarter of fiscal 2009 increased 10.2% compared with a 5.3% increase in the prior-year quarter.
Net sales for the 52-week period ended January 30, 2010, were $406.2 million compared with $391.3 million for the 52-week period ended January 31, 2009. Comparable store sales for fiscal 2009 increased 8.4% compared with a 3.6% increase in fiscal 2008. The Company opened 18 stores and closed 38 during fiscal 2009, ending the year with 279 stores.
Robert Alderson, Kirkland's President and Chief Executive Officer, said, "The fourth quarter is the most important of the year for us, and our customers responded favorably to our seasonal and core merchandise assortments. Sales were above plan both during and after the holiday selling season. As we had expected and planned, the holiday sales environment was less promotional than last year."
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