Tag Archives: Robert Alderson

Kirkland’s Net Down for Q4, Up for FY

Kirkland’s

NASHVILLE, Tenn.-A downtick in sales and a heavier expense load resulted in a 13.5 percent decline in net income for Kirkland’s in its fourth quarter, to $12.3 million. For the fiscal year ending on Feb. 1, Kirkland’s posted net income of $14.5 million, up 5.3 percent from the prior fiscal year. Net sales in theMore »

Q4 Sales Down, Comps Flat for Kirkland’s

Kirkland’s

NASHVILLE, Tenn.-Tough weather conditions and the smaller holiday season muted Kirkland’s fourth-quarter results, according to a preliminary statement on the quarter from the specialty retailer. Net sales in the quarter, which ended on Feb. 1, fell 4.2 percent to $156.1 million. Same-store sales, which included e-commerce sales, were flat compared to last year’s fourth quarter.More »

Kirkland’s Goes from Loss to Gain in Q3

Kirkland’s

NASHVILLE, Tenn.-Accelerated, stronger product margins and increased average ticket propelled Kirkland’s to $1 million in net income for its third quarter, compared to a net loss of $416,000 in the third quarter of last year. Net sales in the quarter, which ended on Nov. 2, rose 9.8 percent to $106.1 million. Robert Alderson, Kirkland’s presidentMore »

Kirkland’s Trims Q2 Loss

Kirkland’s

NASHVILLE, Tenn.-Stronger sales and gross margin enabled Kirkland’s to cut into its second quarter net loss, which totaled $577,000, compared to the $2 million net loss from last year’s second quarter. Net sales rose 6.7 percent to $97.1 million in the quarter, which ended on Aug. 3, and which included a same-store sales decrease ofMore »