Kirkland's (KIRK) Tops Q4 EPS by 7c; Guides FY16 EPS
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Revenue Growth %: -0.9%
Financial Fact:
Income tax provision (benefit): -768K
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Kirkland's (NASDAQ: KIRK) reported Q4 EPS of $0.97, $0.07 better than the analyst estimate of $0.90. Revenue for the quarter came in at $19 million versus the consensus estimate of $198.65 million.
Comparable store sales for the fourth quarter of fiscal 2015, including e-commerce sales, increased 1.3% compared with an increase of 8.2% in the prior-year quarter. Kirkland's opened 12 stores and closed six during the fourth quarter, bringing the total number of stores to 376 at quarter end.
GUIDANCE:
Kirkland's sees FY2016 EPS of $0.98-$1.11, versus the consensus of $1.07.
For earnings history and earnings-related data on Kirkland's (KIRK) click here.
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