Kirkland's, Inc. is a specialty retailer of home décor in the United States, currently operating 371 stores in 35 states as well as an e-commerce website, www.kirklands.com. The Company's stores present a curated selection of distinctive merchandise, including holiday décor, furniture, wall décor, art, textiles, mirrors, fragrances, lamps and other home decorating items. The Company's stores offer an extensive assortment of holiday merchandise during seasonal periods. The Company provides its customers an engaging shopping experience characterized by casual, comfortable merchandise with a southern feel and a modern flair at a discernible value. This combination of quality and stylish merchandise, value pricing and a stimulating online and store experience has led the Company to develop a loyal customer base.
Company profile
Ticker
KIRK
Exchange
Website
CEO
Steven C. Woodward
Employees
Location
Fiscal year end
Industry (SIC)
JD.com • Petco Health and Wellness • Ulta Beauty • ATRenew • Titan Machinery • Star • MedMen Enterprises • Missfresh • Leslie's • Yunji ...
Former names
KIRKLANDS INC
SEC CIK
Corporate docs
Subsidiaries
Kirkland’s DC, Inc. • Kirkland’s Stores, Inc. • Kirkland’s Texas, LLC ...
IRS number
621287151
KIRK stock data
Analyst ratings and price targets
Latest filings (excl ownership)
SD
Conflict minerals disclosure
31 May 23
ARS
2023 FY
Annual report to shareholders
5 May 23
DEF 14A
Definitive proxy
5 May 23
10-K
2023 FY
Annual report
4 Apr 23
8-K
Kirkland’s Home Reports Fourth Quarter and Fiscal Year 2022 Results
4 Apr 23
8-K
Kirkland’s Home Announces Holiday 2022 Comparable Sales Results
11 Jan 23
8-K
Entry into a Material Definitive Agreement
19 Dec 22
10-Q
2023 Q3
Quarterly report
2 Dec 22
8-K
Kirkland’s Home Reports Third Quarter 2022 Results
2 Dec 22
8-K
Departure of Directors or Certain Officers
7 Oct 22
Transcripts
KIRK
Earnings call transcript
2022 Q4
4 Apr 23
KIRK
Earnings call transcript
2022 Q3
2 Dec 22
KIRK
Earnings call transcript
2022 Q2
30 Aug 22
KIRK
Earnings call transcript
2022 Q1
31 May 22
KIRK
Earnings call transcript
2021 Q4
17 Mar 22
KIRK
Earnings call transcript
2021 Q3
2 Dec 21
KIRK
Earnings call transcript
2021 Q2
2 Sep 21
KIRK
Earnings call transcript
2021 Q1
1 Jun 21
KIRK
Earnings call transcript
2020 Q4
12 Mar 21
KIRK
Earnings call transcript
2020 Q3
3 Dec 20
Latest ownership filings
4
Amy Ervin Sullivan
10 Apr 23
4
W Michael Madden
10 Apr 23
4
ANN E JOYCE
10 Apr 23
4
Steven C Woodward
27 Mar 23
4
Amy Ervin Sullivan
27 Mar 23
SC 13G/A
PARADIGM CAPITAL MANAGEMENT INC/NY
13 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
SPARTAN L P OSMIUM
4 Jan 23
SC 13G/A
Osmium Partners, LLC
29 Dec 22
4/A
SPARTAN L P OSMIUM
27 Dec 22
Financial summary
| Quarter (USD) | Jan 23 | Oct 22 | Jul 22 | Apr 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 5.17 mm | 5.17 mm | 5.17 mm | 5.17 mm | 5.17 mm | 5.17 mm |
| Cash burn (monthly) | 2.02 mm | 1.65 mm | 1.20 mm | 3.68 mm | (no burn) | 1.51 mm |
| Cash used (since last report) | 8.74 mm | 7.14 mm | 5.19 mm | 15.88 mm | n/a | 6.53 mm |
| Cash remaining | -3.57 mm | -1.96 mm | -17.05 k | -10.71 mm | n/a | -1.36 mm |
| Runway (months of cash) | -1.8 | -1.2 | -0.0 | -2.9 | n/a | -0.9 |
Institutional ownership, Q4 2022
30.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 49 |
| Opened positions | 12 |
| Closed positions | 10 |
| Increased positions | 8 |
| Reduced positions | 17 |
| 13F shares | Current |
|---|---|
| Total value | 11.80 bn |
| Total shares | 3.88 mm |
| Total puts | 285.10 k |
| Total calls | 279.50 k |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Osmium Partners | 1.58 mm | $5.22 bn |
| Vanguard | 665.94 k | $2.20 bn |
| USB U.S. Bancorp. | 310.00 k | $1.02 bn |
| FHI Federated Hermes | 210.63 k | $695.09 mm |
| BLK Blackrock | 142.40 k | $469.93 mm |
| Geode Capital Management | 121.31 k | $400.00 k |
| Renaissance Technologies | 92.10 k | $304.00 k |
| Citadel Advisors | 91.77 k | $302.84 mm |
| IVZ Invesco | 62.47 k | $206.16 mm |
| Bridgeway Capital Management | 50.00 k | $165.00 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 Apr 23 | Ann E Joyce | Common Stock | Grant | Acquire A | No | No | 0 | 50,000 | 0.00 | 70,261 |
| 6 Apr 23 | Ann E Joyce | Stock Option Common Stock | Grant | Acquire A | No | No | 3.53 | 50,000 | 176.50 k | 50,000 |
| 6 Apr 23 | Amy Ervin Sullivan | Common Stock | Grant | Acquire A | No | No | 0 | 39,894 | 0.00 | 53,580 |
| 6 Apr 23 | Amy Ervin Sullivan | Stock Option Common Stock | Grant | Acquire A | No | No | 3.53 | 54,653 | 192.93 k | 54,653 |
| 6 Apr 23 | W Michael Madden | Common Stock | Grant | Acquire A | No | No | 0 | 26,596 | 0.00 | 76,596 |
| 6 Apr 23 | W Michael Madden | Stock Option Common Stock | Grant | Acquire A | No | No | 3.53 | 36,436 | 128.62 k | 36,436 |
| 26 Mar 23 | Amy Ervin Sullivan | Common Stock | Payment of exercise | Dispose F | No | No | 2.67 | 520 | 1.39 k | 13,686 |
| 26 Mar 23 | Woodward Steven C | Common Stock | Payment of exercise | Dispose F | No | No | 2.67 | 5,723 | 15.28 k | 456,577 |
| 24 Mar 23 | Amy Ervin Sullivan | Common Stock | Payment of exercise | Dispose F | No | No | 2.67 | 545 | 1.46 k | 14,206 |
| 24 Mar 23 | Woodward Steven C | Common Stock | Payment of exercise | Dispose F | No | No | 2.67 | 4,730 | 12.63 k | 462,300 |
News
Kirkland's's Return On Capital Employed Overview
5 Apr 23
Benchmark Maintains Buy on Kirkland's, Lowers Price Target to $7
5 Apr 23
Kirkland's Posts Q4 Earnings Below Street View; CEO To Retire
4 Apr 23
Kirkland's Q4 Adj EPS $(0.09) Misses $0.11 Estimate, Sales $162.50M Miss $164.67M Estimate
4 Apr 23
Earnings Scheduled For April 4, 2023
4 Apr 23
Press releases
Kirkland's Home Sets First Quarter 2023 Earnings Conference Call for June 8, 2023, at 9:00 a.m. ET
25 May 23
KIRKLAND'S HOME REPORTS FOURTH QUARTER AND FISCAL YEAR 2022 RESULTS
4 Apr 23
Kirkland's Home Sets Fourth Quarter and Fiscal Year 2022 Earnings Conference Call for April 4, 2023, at 9:00 a.m. ET
22 Mar 23