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KIRK News and Press, Kirkland's Inc. From 02/19/21

Stock Information

Company Name: Kirkland's Inc.
Stock Symbol: KIRK
Market: NASDAQ
Website: kirklands.com

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KIRK - Kirkland's sees e-commerce offset store revenue drop

Kirkland's (KIRK) posts preliminary Q4 results ahead of the retailer's full earnings report on March 12. Kirkland's expects to reports sales of $195M vs $191M consensus, comparable sales of +1.8% vs. -4.0% consensus and EPS of $1.35 to $1.45 vs. $1.19 consensus. CEO update: "These record earn...

KIRK - Kirkland's Reports Preliminary Fourth Quarter Results

Kirkland's Reports Preliminary Fourth Quarter Results Preliminary Fourth Quarter Fiscal 2020 Financial Highlights: - Expects earnings per diluted share of $1.30 to $1.40; expects adjusted earnings per diluted share of $1.35 to $1.45. - Expects comparable sales increase o...

KIRK - Kirkland's Transformation Turns A Corner

When Woody Woodward became CEO at Kirkland's in 2018, he intended to transform the home décor retailer's image. In the latest quarter, it certainly appears the company turned a corner. Yet, it would also appear Mr. Woodward's goal is not yet fulfilled as there are former Kirkland...

KIRK - The 17 Stocks That Outperformed Tesla In 2020

This article looks at the 17 companies listed on U.S. exchanges that had a higher total return than high-flying Tesla in 2020. The stocks tended to be microcap to small cap stocks in sectors that piqued investor interest in 2020. These companies on average are unprofitable and tra...

KIRK - Wayfair leads strong day for retail as January sales reads blaze strong

The retailer sector is not suffering from any post-holiday hangover with solid gains across the sector.In an interesting reveal, Gordon Haskett analyst Chuck Grom points to accelerating growth in average basket sizes for consumers in January compared to December. Retailer with the biggest jum...

KIRK - Global eCommerce transactions boost 24% this holiday season

New benchmark data from ACI Worldwide (ACIW) reports 24% Y/Y growth in eCommerce transactions globally in December, +22% Y/Y in Q4 and +19% for FY2020. eCommerce transactions in the retail sector expanded 31% and the gaming sector increased 90%. Merchants that offered the “buy online, ...

KIRK - Destination XL: Priced For Bankruptcy, Despite Liquidity Runway

Destination XL recently delisted from the NASDAQ. Despite COVID headwinds, the business has not yet had to add a going concern warning on their financial statements. I believe $20m in EBITDA, positive cash flow, and break-even earnings are possible for DXLG in FY21. For furt...

KIRK - 5 Top Penny Stock Picks In 2020 Traders Watched Explode To New Highs

Did You Miss These Penny Stock Picks? There’s no doubt that 2020 was one of the craziest years we’ve ever seen in stock market history and penny stocks were among the top performers. In recent years, we haven’t seen stocks give back 3 years of gains then rebound...

KIRK - 2020 Portfolio Year In Review: (+93% Total Return)

My portfolio returned +93% in 2020. This return was achieved despite maintaining at least 50% in cash since July 1, 2020. Also, my returns weren't juiced via call options. If investors deftly managed the March 2020 and April 2020 drawdown, it was exceptionally easily to make money fro...

KIRK - Holiday retail sales estimated to be up 3%

Holiday retail sales excluding automotive and gasoline increased 3.0% this expanded holiday season, according to tracking from Mastercard SpendingPulse.Online sales were up 49.0% for an extended holiday period tracking that ran from October 11 to December 24.E-commerce accounted for 19.7% of ...

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