Shares of Kirkland's Inc. were indicated down about 14% toward a 10-year low in premarket trade Thursday, after the home decor retailer reported a fiscal...
Shares of Kirkland's Inc.
were indicated down about 14% toward a 10-year low in premarket trade Thursday, after the home decor retailer reported a fiscal first-quarter loss that widened more than expected, on sales that fell more than forecast. The net loss for the quarter to May 4 grew to $8.9 million, or 62 cents a share, from $882,000, or 6 cents a share, in the year-ago period. Excluding non-recurring items, the adjusted loss per share was 53 cents, missing the FactSet consensus for a per-share loss of 41 cents.
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