Kirkland's (KIRK) Reports Q3 Loss of $0.58

Kirkland's (NASDAQ: KIRK) reported Q3 EPS of ($0.58), versus ($0.13) reported last year. Revenue for the quarter came in at $144.9 million, versus $154.6 million reported last year.

GUIDANCE:

Kirkland's sees FY2019 EPS of $1.75-$2.00.

• The Company now expects fiscal 2019 diluted earnings per share, on an adjusted basis, to be in the range of a loss of $1.75 to $2.00. Adjusted earnings exclude asset impairments, severance charges and the establishment of a tax valuation allowance. The range reflects continued pressure on revenue and gross margin as the Company moves forward on its various business improvement initiatives.

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

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