Kirkland’s Fiscal Q2 Results Beat Street Expectations

Kirkland’s, a specialty retailer, reported Tuesday fiscal Q2 net loss of $0.24 per share, compared to a net loss of $0.22 per share in the prior year period. Capital IQ provided a Street consensus of $0.29 loss per share.

Net sales for the quarter ended July 29 were $131.7 million, up from $123 million reported for the same period last year. The Street estimate was for revenues of $125.4 million. For the FY, the company expects earnings to range from $0.50 to $0.65 per share. The Street consensus calls for earnings of $0.53 per share.

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