Kirkland (KIRK) Lowers 1Q Guidance, Reports Sales
Tweet
Share
E-mailGet Alerts KIRK Hot Sheet
Join SI Premium – FREE
Kirkland's (NASDAQ: KIRK) net sales for the 13 weeks ended April 28, 2012, increased 3.6% to $97.8 million compared with $94.4 million for the prior-year quarter. Comparable store sales for the first quarter of fiscal 2012 decreased 1.2% compared with a decrease of 8.4% in the prior-year quarter.
Kirkland lowered guidance for the first quarter of fiscal 2012 to $0.08 to $0.10 per diluted share compared to its previous guidance range of $0.11 to $0.14. This compares to an average analyst estimate of $0.12.
Kirkland lowered guidance for the first quarter of fiscal 2012 to $0.08 to $0.10 per diluted share compared to its previous guidance range of $0.11 to $0.14. This compares to an average analyst estimate of $0.12.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Microsoft updates segment reporting structure for fiscal 2027
- Science Applications Int'l (SAIC) Tops Q2 EPS by 70c
- Snowflake (SNOW) Tops Q2 EPS by 17c, Offers Guidance
Create E-mail Alert Related Categories
Guidance, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
