Kirkland's Inc Lowers High End Of Prior FY 2013 Revenue Guidance; Comments On FY 2013 Comparable Store Sales Guidance; Issues Q3 2013 Guidance; Revenue Guidance Below Analysts' Estimates

Thursday, 22 Aug 2013 07:00am EDT 

Kirkland's Inc announced that total sales for fiscal 2013 are expected to increase approximately 3% to 4% compared with fiscal 2012. This level of total sales performance implies comparable store sales results of flat to a slight increase for fiscal 2013. The Company reported revenue of $448.37 million in fiscal 2012. For the third quarter of 2013, it expects a net income of $0.00 to $0.03 per diluted share (EPS) compared with a net loss of $0.02 per share in the third quarter of 2012. Net sales are expected to be $103 million to $105 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $470 million and EPS of $0.86 for fiscal 2013; EPS of $0.02 and revenue of $106 million for third quarter of 2013. 

Company Quote

-0.95 -4.22%
21 Nov 2014