Kirkland's (KIRK) Misses Q1 EPS by 3c, Maintains FY Outlook

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Kirkland's Reports First Quarter 2017 Results

May 23, 2017 6:30 AM EDT

NASHVILLE, Tenn., May 23, 2017 /PRNewswire/ -- Kirkland's, Inc. (NASDAQ: KIRK) today reported financial results for the 13-week period ended April 29, 2017.

Net sales for the 13 weeks ended April 29, 2017 increased 2.3% to $132.8 million compared with $129.9 million for the 13 weeks ended April 30, 2016. Comparable store sales for the first quarter of fiscal 2017, including e-commerce sales, decreased 3.8% compared with an increase of 0.5% in the prior-year quarter. Kirkland's opened 8 stores and closed 11 during the first quarter of fiscal 2017, bringing the total number of stores to 401 at... More