Kirkland's (KIRK) Declares $1.50 Special Dividend; 6% Yield
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May 21, 2015 6:45 AM EDT
NASHVILLE, Tenn., May 21, 2015 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ: KIRK) today reported financial results for the 13-week period ended May 2, 2015.
Net sales for the 13 weeks ended May 2, 2015, increased 9.3% to $118.3 million compared with $108.3Â million for the 13 weeks ended May 3, 2014. Comparable store sales for the first quarter of fiscal 2015, including e-commerce sales, increased 3.0% compared with a comparable store sales increase of 5.0% in the prior-year quarter. Kirkland's opened one store and closed three during the first quarter, bringing the total number of stores to... More
May 21, 2015 6:44 AM EDT
NASHVILLE, Tenn., May 21, 2015 /PRNewswire/ --Â Kirkland's, Inc. (NASDAQ: KIRK) today announced that its Board of Directors has authorized a special cash dividend of $1.50 per share on its common stock. The special dividend will be paid on June 19, 2015 to stockholders of record as of the close of business on June 5, 2015.
"The Board's decision to pay a special dividend reflects our strong balance sheet and commitment to deploy to stockholders a portion of the cash that we have generated over the... More
