Kirkland's, Inc. (OQ:KIRK)

Sector:  Consumer Cyclicals Industry:  Home Furnishings Retailers
See Regulatory Filings on SEC
Company Contact
Address: 5310 Maryland Way
BRENTWOOD TN 37027-5091
Tel: N/A
IR: See website
Key People
R. Wilson Orr
Independent Chairman of the Board
Steve C. Woodward
President, Chief Executive Officer, Director
Nicole Allyson Strain
Chief Financial Officer, Executive Vice President
Jeffrey Martin
Senior Vice President - Omni-Channel Retail
Business Overview
Kirkland's, Inc. is a specialty retailer of home decor and gifts in the United States. The Company's merchandise categories include wall decor, art, mirrors, lamps, decorative accessories, accent furniture, textiles, fragrance and accessories, frames, housewares, impulse and personal accessories, outdoor living and artificial floral products. The Company's stores also offer a range of holiday merchandise during seasonal periods, as well as items carried throughout the year suitable for gift-giving. The Company's stores operate under various names, such as Kirkland's, Kirkland's Home, Kirkland's Home Outlet, Kirkland's Outlet and The Kirkland Collection. It operates approximately 428 stores in over 37 states, as well as an e-commerce enabled Website, Its stores' locations include Texas, Florida, California, Georgia, North Carolina, Alabama, Arizona, Virginia and Ohio.
Financial Overview
For the 13 weeks ended 02 May 2020, Kirkland's, Inc. revenues decreased 40% to $77.2M. Net loss decreased 17% to $7.4M. Revenues reflect Retail Sales, Total decrease of 40% to $77.2M. Lower net loss reflects Compensation and benefits decrease of 31% to $18.6M (expense), Depreciation (exclusive of depreciation decrease of 18% to $1.5M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.62 to -$0.53.
Employees: 1,200 as of Feb 1, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $45.18M as of May 2, 2020
Annual revenue (TTM): $551.48M as of May 2, 2020
EBITDA (TTM): -$17.83M as of May 2, 2020
Net annual income (TTM): -$51.78M as of May 2, 2020
Free cash flow (TTM): -$40.94M as of May 2, 2020
Net Debt Last Fiscal Year: $9.86M as of May 2, 2020
Shares outstanding: 14,014,503 as of May 29, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization