Kirkland's (KIRK) 10-Q 6 Dec 24 2025 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Nov. 02, 2024	Nov. 29, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Nov. 02, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--02-03
Entity Registrant Name	Kirkland’s, Inc.
Entity Central Index Key	0001056285
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entity Current Reporting Status	Yes
Entity File Number	000-49885
Entity Tax Identification Number	62-1287151
Entity Address, Address Line One	5310 Maryland Way
Entity Address, City or Town	Brentwood
Entity Address, State or Province	TN
Entity Incorporation, State or Country Code	TN
Entity Address, Postal Zip Code	37027
City Area Code	615
Local Phone Number	872-4800
Title of 12(b) Security	Common Stock
Trading Symbol	KIRK
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		13,117,942

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024	Oct. 28, 2023
Current assets:
Cash and cash equivalents	$ 6,756	$ 3,805	$ 5,765
Inventories, net	111,219	74,090	105,190
Prepaid expenses and other current assets	6,494	7,614	5,863
Total current assets	124,469	85,509	116,818
Property and equipment:
Equipment	19,067	19,144	19,556
Furniture and fixtures	62,846	63,823	65,302
Leasehold improvements	99,923	100,393	101,925
Computer software and hardware	78,765	78,580	83,236
Projects in progress	526	647	643
Property and equipment, gross	261,127	262,587	270,662
Accumulated depreciation	(237,289)	(232,882)	(239,014)
Property and equipment, net	23,838	29,705	31,648
Operating lease right-of-use assets	123,916	126,725	130,513
Other assets	7,591	8,634	6,848
Total assets	279,814	250,573	285,827
Current liabilities:
Accounts payable	61,177	46,010	55,729
Accrued expenses	23,830	23,163	23,484
Operating lease liabilities	38,541	40,018	39,966
Total current liabilities	123,548	109,191	119,179
Operating lease liabilities	99,222	99,772	108,248
Long-term debt, net	80,397	34,000	62,000
Other liabilities	3,779	4,486	3,685
Total liabilities	306,946	247,449	293,112
Shareholders’ equity:
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at November 2 , 2024, February 3, 2024, and October 28 , 2023, respectively	0	0	0
Common stock, no par value; 100,000,000 shares authorized; 13,117,942; 12,926,022; and 12,923,677, shares issued and outstanding at November 2, 2024, February 3, 2024, and October 28, 2023, respectively	177,310	176,552	176,260
Accumulated deficit	(204,442)	(173,428)	(183,545)
Total shareholders' (deficit) equity	(27,132)	3,124	(7,285)
Total liabilities and shareholders' (deficit) equity	$ 279,814	$ 250,573	$ 285,827

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - $ / shares	Nov. 02, 2024	Feb. 03, 2024	Oct. 28, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0	$ 0	$ 0
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0	0
Preferred stock, shares outstanding (in shares)	0	0	0
Common stock, par value	$ 0	$ 0	$ 0
Common stock, shares authorized (in shares)	100,000,000	100,000,000	100,000,000
Common stock, shares issued (in shares)	13,117,942	12,926,022	12,923,677
Common stock, shares outstanding (in shares)	13,117,942	12,926,022	12,923,677

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Income Statement [Abstract]
Net sales	$ 114,423,000	$ 116,365,000	$ 292,465,000	$ 302,744,000
Cost of sales	82,288,000	85,712,000	215,602,000	228,781,000
Gross profit	32,135,000	30,653,000	76,863,000	73,963,000
Operating expenses:
Compensation and benefits	19,409,000	19,841,000	57,348,000	59,097,000
Other operating expenses	14,275,000	16,104,000	39,977,000	44,932,000
Depreciation (exclusive of depreciation included in cost of sales)	843,000	1,043,000	2,729,000	3,471,000
Asset impairment	1,000	316,000	32,000	1,542,000
Total operating expenses	34,528,000	37,304,000	100,086,000	109,042,000
Operating loss	(2,393,000)	(6,651,000)	(23,223,000)	(35,079,000)
Interest expense	1,719,000	1,163,000	4,266,000	2,415,000
Loss on extinguishment of debt	3,338,000	0	3,338,000	0
Other income	(126,000)	(127,000)	(362,000)	(346,000)
Loss before income taxes	(7,324,000)	(7,687,000)	(30,465,000)	(37,148,000)
Income tax expense (benefit)	356,000	(1,290,000)	549,000	720,000
Net loss	$ (7,680,000)	$ (6,397,000)	$ (31,014,000)	$ (37,868,000)
Loss per share:
Basic	$ (0.59)	$ (0.5)	$ (2.38)	$ (2.95)
Diluted	$ (0.59)	$ (0.5)	$ (2.38)	$ (2.95)
Weighted average shares outstanding:
Basic	13,116	12,921	13,052	12,852
Diluted	13,116	12,921	13,052	12,852

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' (DEFICIT) EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Common Stock	Accumulated Deficit
Balance, beginning of period at Jan. 28, 2023	$ 29,773	$ 175,450	$ (145,677)
Balance, beginning of period (in shares) at Jan. 28, 2023		12,754,368
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock issued (in shares)		86,824
Net share settlement of restricted stock units	(76)	$ (76)
Net share settlement of restricted stock units (in shares)		(28,294)
Stock-based compensation expense	490	$ 490
Net Income (Loss)	(12,107)		(12,107)
Balance, end of period at Apr. 29, 2023	18,080	$ 175,864	(157,784)
Balance, end of period (in shares) at Apr. 29, 2023		12,812,898
Balance, beginning of period at Jan. 28, 2023	29,773	$ 175,450	(145,677)
Balance, beginning of period (in shares) at Jan. 28, 2023		12,754,368
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	(37,868)
Balance, end of period at Oct. 28, 2023	$ (7,285)	$ 176,260	(183,545)
Balance, end of period (in shares) at Oct. 28, 2023	12,923,677	12,923,677
Balance, beginning of period at Apr. 29, 2023	$ 18,080	$ 175,864	(157,784)
Balance, beginning of period (in shares) at Apr. 29, 2023		12,812,898
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock issued (in shares)		104,475
Stock-based compensation expense	124	$ 124
Net Income (Loss)	(19,364)		(19,364)
Balance, end of period at Jul. 29, 2023	(1,160)	$ 175,988	(177,148)
Balance, end of period (in shares) at Jul. 29, 2023		12,917,373
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock issued (in shares)		8,334
Net share settlement of restricted stock units	(5)	$ (5)
Net share settlement of restricted stock units (in shares)		(2,030)
Stock-based compensation expense	277	$ 277
Net Income (Loss)	(6,397)		(6,397)
Balance, end of period at Oct. 28, 2023	$ (7,285)	$ 176,260	(183,545)
Balance, end of period (in shares) at Oct. 28, 2023	12,923,677	12,923,677
Balance, beginning of period at Feb. 03, 2024	$ 3,124	$ 176,552	(173,428)
Balance, beginning of period (in shares) at Feb. 03, 2024	12,926,022	12,926,022
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock issued (in shares)		134,597
Net share settlement of restricted stock units	$ (51)	$ (51)
Net share settlement of restricted stock units (in shares)		(21,641)
Stock-based compensation expense	292	$ 292
Net Income (Loss)	(8,830)		(8,830)
Balance, end of period at May. 04, 2024	(5,465)	$ 176,793	(182,258)
Balance, end of period (in shares) at May. 04, 2024		13,038,978
Balance, beginning of period at Feb. 03, 2024	$ 3,124	$ 176,552	(173,428)
Balance, beginning of period (in shares) at Feb. 03, 2024	12,926,022	12,926,022
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	$ (31,014)
Balance, end of period at Nov. 02, 2024	$ (27,132)	$ 177,310	(204,442)
Balance, end of period (in shares) at Nov. 02, 2024	13,117,942	13,117,942
Balance, beginning of period at May. 04, 2024	$ (5,465)	$ 176,793	(182,258)
Balance, beginning of period (in shares) at May. 04, 2024		13,038,978
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock issued (in shares)		72,660
Stock-based compensation expense	264	$ 264
Net Income (Loss)	(14,504)		(14,504)
Balance, end of period at Aug. 03, 2024	(19,705)	$ 177,057	(196,762)
Balance, end of period (in shares) at Aug. 03, 2024		13,111,638
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock issued (in shares)		8,334
Net share settlement of restricted stock units (in shares)		(2,030)
Stock-based compensation expense	253	$ 253
Net Income (Loss)	(7,680)		(7,680)
Balance, end of period at Nov. 02, 2024	$ (27,132)	$ 177,310	$ (204,442)
Balance, end of period (in shares) at Nov. 02, 2024	13,117,942	13,117,942

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023
Cash flows from operating activities:
Net loss	$ (31,014)	$ (37,868)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property and equipment	7,476	9,118
Amortization of debt issuance and original issue discount costs	418	80
Asset impairment	32	1,542
Loss (gain) on disposal of property and equipment	15	(20)
Stock-based compensation expense	809	891
Loss on extinguishment of debt	3,338	0
Changes in assets and liabilities:
Inventories, net	(37,129)	(21,119)
Prepaid expenses and other current assets	713	(774)
Accounts payable	15,209	11,885
Accrued expenses	1,147	(2,585)
Operating lease assets and liabilities	736	(3,933)
Other assets and liabilities	(784)	97
Net cash used in operating activities	(39,034)	(42,686)
Cash flows from investing activities:
Proceeds from sale of property and equipment	20	130
Capital expenditures	(1,653)	(3,313)
Net cash used in investing activities	(1,633)	(3,183)
Cash flows from financing activities:
Borrowings on revolving line of credit	40,100	52,000
Repayments on revolving line of credit	(9,100)	(5,000)
Borrowings on FILO term loan	10,000	0
Repayments on FILO term loan	(10,000)	0
Payment of prepayment penalties on extinguishment of debt	(2,638)	0
Proceeds from Beyond transaction	17,000	0
Payments of debt and equity issuance costs	(1,693)	(456)
Cash used in net share settlement of stock options and restricted stock units	(51)	(81)
Net cash provided by financing activities	43,618	46,463
Cash and cash equivalents:
Net increase	2,951	594
Beginning of the period	3,805	5,171
End of the period	6,756	5,765
Supplemental schedule of non-cash activities:
Non-cash accruals for purchases of property and equipment	516	804
Non-cash accruals for debt issuance costs	$ 650	$ 0

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Nov. 02, 2024	Aug. 03, 2024	May 04, 2024	Oct. 28, 2023	Jul. 29, 2023	Apr. 29, 2023	Nov. 02, 2024	Oct. 28, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (7,680)	$ (14,504)	$ (8,830)	$ (6,397)	$ (19,364)	$ (12,107)	$ (31,014)	$ (37,868)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Nov. 02, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Description of Business and Bas

Description of Business and Basis of Presentation	9 Months Ended
	Nov. 02, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Note 1 – Description of Business and Basis of Presentation Nature of business — Kirkland’s, Inc. (the “Company”, “we”, “our” or “us”) is a specialty retailer of home décor and furnishings in the United States operating 325 stores in 35 states as of November 2, 2024 , as well as an e-commerce website, www.kirklands.com, under the Kirkland’s Home brand. Principles of consolidation — The condensed consolidated financial statements of the Company include the accounts of Kirkland’s, Inc. and its wholly-owned subsidiaries, Kirkland’s Stores, Inc., Kirkland’s DC, Inc., and Kirkland’s Texas, LLC. Significant intercompany accounts and transactions have been eliminated. Basis of presentation — The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and are presented in accordance with the requirements of Form 10-Q and pursuant to the reporting and disclosure rules and regulations of the United States Securities and Exchange Commission (“SEC”). In the opinion of management, all adjustments, including normal recurring accruals, considered necessary for a fair presentation have been included. These financial statements should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K filed with the SEC on March 29, 2024. Seasonality — The results of the Company’s operations for the 13-week and 39-week periods ended November 2, 2024 are not indicative of the results to be expected for any other interim period or for the entire fiscal year due to seasonality factors. Fiscal year — The Company’s fiscal year ends on the Saturday closest to January 31, resulting in years of either 52 or 53 weeks. Accordingly, fiscal 2024 represents the 52 weeks ending on February 1, 2025, and fiscal 2023 represents the 53 weeks ended on February 3, 2024. Reclassifications — Certain amounts in the condensed consolidated statement of cash flows for the 39-week period ended October 28, 2023 in the operating activities section have been reclassified to conform to the current period presentation. Income taxes payable or receivable is no longer material to be presented as a separate line item and has been reclassified into prepaid and other current assets and accrued expenses. Use of estimates — The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from the estimates and assumptions used. It should be understood that accounting measurements at interim dates inherently involve greater reliance on estimates than those at fiscal year-end. Changes in estimates are recognized in the period when new information becomes available to management. Areas where the nature of the estimate makes it reasonably possible that actual results could materially differ from amounts estimated include, but are not limited to, impairment assessments on long-lived assets, inventory reserves, self-insurance reserves and deferred tax asset valuation allowances. Strategic partnership with Beyond, Inc. (“Beyond”) — The Company entered into a strategic partnership with Beyond on October 21, 2024, with the purpose of enabling cohesive collaboration between the companies, leveraging the strengths of each business to drive sustainable profitable growth and value for all stakeholders. As part of this partnership with Beyond, the companies entered into a $ 17 million term loan credit agreement (the “Beyond Credit Agreement”), an $ 8 million subscription agreement (the “Subscription Agreement”), a seven-year collaboration agreement (the “Collaboration Agreement”) and a trademark license agreement (the “Trademark License Agreement”). Proceeds of $ 17 million from the Beyond Credit Agreement, in the form of an $ 8.5 million non-convertible term loan (“Non-Convertible Term Loan”) and an $ 8.5 million convertible term loan (“Convertible Term Loan”) were used by Kirkland's to repay its existing FILO term loan (“FILO Term Loan”), including prepayment fees and transaction expenses, and to reduce borrowings under Kirkland's existing revolving credit facility. The $ 8 million equity purchase under the Subscription Agreement and the mandatory conversion of the Convertible Term Loan are both subject to the approval of Kirkland's shareholders at the Company’s special meeting of shareholders on December 23, 2024 (“Special Shareholders Meeting”) in accordance with Nasdaq Listing Rules and other customary closing conditions. For further discussion on the agreements with Beyond, refer to “Note 5 — Fair Value Measures”, “Note 9 — Long-Term Debt” and “Note 10 — Subscription Agreement”. Collaboration Agreement fees — Under the terms of the Collaboration Agreement, the Company gave Beyond the right to receive a percentage of future revenues generated by Kirkland’s over the life of the Collaboration Agreement. The sale of a percentage of Kirkland’s future revenue to Beyond has been accounted for as debt financing, as the Company has significant continuing involvement in the generation of the related cash flows. As a result, the Company recorded the proceeds from these fees as debt, which will be accreted in interest expense using the effective interest rate method over the life of the arrangement. The debt was initially recorded at its fair value, net of allocated discount and deferred costs. The liability and the related interest expense for these fees are based on the Company’s current estimates of future payments expected to be made over the life of the Collaboration Arrangement. The Company will periodically assess the expected payments using internal projections. To the extent our future estimates of payments are greater or less than previous estimates, the Company will prospectively recognize related non-cash interest expense. For further discussion refer to “Note 5 — Fair Value Measures” and “Note 9 — Long-Term Debt”. Trademark License Agreement — The Trademark License Agreement with Beyond grants Kirkland’s the exclusive license to operate small format, neighborhood brick-and-mortar retail stores and “Shops-within-a-Shop” locations under licensed Beyond-owned trademarks. Kirkland’s will pay royalty fees as a percentage of net store sales generated under the Bed Bath & Beyond banner during the term of the Collaboration Agreement with that rate increasing as a percentage of net sales after the Collaboration Agreement has terminated, if the locations are still operating. There is also a fixed guaranteed minimum royalty fee during the term of the Collaboration Agreement that takes effect after the opening of the first Bed Bath & Beyond retail store. There were no royalty fees during the 13-week period ended November 2, 2024. Going concern assessment and management’s plans — The Company’s revenues, results of operations and cash flows have been materially adversely impacted by strategic and macroeconomic factors during the last several fiscal quarters. The persistently challenging home furnishings retail environment, including reduced consumer spending in the category and increased price sensitivity, has significantly impacted the Company’s performance and liquidity levels. Operating loss and negative cash flows from operations continue to reduce the Company’s liquidity levels. For the 39-week period ended November 2, 2024 , the Company reported a net loss of $ 31.0 million and net cash used in operating activities of $ 39.0 million compared to a net loss of $ 37.9 million and net cash used in operating activities of $ 42.7 million in the prior year period. When conditions and events, in the aggregate, raise substantial doubt about an entity’s ability to continue as a going concern, management evaluates the mitigating effect of its plans to determine if it is probable that the plans will be effectively implemented within the assessment period and, when implemented, will mitigate the relevant conditions and events to alleviate substantial doubt. The Company’s plans are focused on improving its operating results and liquidity through sales growth, cost reductions and additional financing. Throughout fiscal 2024, the Company implemented expense reductions to streamline its cost structure and improve its liquidity profile. The Company believes these actions are necessary as part of improving its profitability and liquidity trajectory, while minimizing any disruption to the Company’s focus on its strategic initiatives and the overall customer experience. The cost-savings initiatives included a reduction in corporate overhead, store payroll, marketing and third-party technology expenses. In addition, through the strategic partnership with Beyond, the Company received proceeds of $ 17 million from the Beyond Credit Agreement, which were used by the Company to repay the outstanding balance on the FILO Term Loan, to pay prepayment fees and transaction expenses, and to reduce borrowings under its existing revolving credit facility. If the $ 8 million equity purchase under the Subscription Agreement and the mandatory conversion of the Convertible Term Loan are both approved at the Special Shareholders Meeting, the Company will receive additional proceeds of $ 8 million, and the Convertible Term Loan will convert to equity. If these provisions are not approved, the Company will consider additional cost reductions and financing options. The Company believes these plans and arrangements will result in adequate cash flows to support its ongoing operations and to meet its covenant requirements for one year following the date these financial statements are issued. However, the Company cannot provide any assurance that its plans will be successful, and if the Company encounters unforeseen circumstances that place further constraints on its capital resources, management will be required to take various additional measures to conserve liquidity. The accompanying unaudited condensed consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. Accordingly, the accompanying consolidated financial statements do not include any adjustments or charges that might be necessary should the Company be unable to continue as a going concern, such as charges related to impairment of the Company’s assets, the recoverability and classification of assets or the amounts and classification of liabilities or other similar adjustments.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Nov. 02, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 2 – Revenue Recognition Net sales — The Company recognizes revenue at the time of sale of merchandise to customers in its stores. E-commerce revenue is recorded at the estimated time of delivery to the customer. Net sales includes the sale of merchandise, net of returns, shipping revenue, gift card breakage revenue and revenue earned from our private label credit card program and excludes sales taxes. Sales returns reserve — The Company reduces net sales and estimates a liability for sales returns based on historical return trends, and the Company believes that its estimate for sales returns is a reasonably accurate reflection of future returns associated with past sales. However, as with any estimate, refund activity may vary from estimated amounts. The Company had a liability of approximately $ 1.2 million, $ 1.5 million and $ 1.4 million reserved for sales returns at November 2, 2024, February 3, 2024 and October 28, 2023 , respectively, included in accrued expenses on the condensed consolidated balance sheets. The related sales return reserve products recovery asset included in prepaid expenses and other current assets on the condensed consolidated balance sheets was approximately $ 583,000 , $ 710,000 and $ 609,000 at November 2, 2024, February 3, 2024, and October 28, 2023, respectively. Deferred e-commerce revenue — E-commerce revenue is deferred until the customer takes possession of the merchandise and the sale is complete, as the Company receives payment before completion of its customer obligations. Deferred revenue related to e-commerce orders that have been shipped but not estimated to be received by customers included in accrued expenses on the condensed consolidated balance sheets was approximately $ 1.3 million, $ 0.8 million and $ 1.2 million at November 2, 2024, February 3, 2024 and October 28, 2023 , respectively. The related contract assets, reflected in inventories, net on the condensed consolidated balance sheets, totaled approximately $ 636,000 , $ 387,000 and $ 566,000 at November 2, 2024, February 3, 2024 and October 28, 2023, respectively. Gift cards — Gift card sales are recognized as revenue when tendered for payment. While the Company honors all gift cards presented for payment, the Company determines the likelihood of redemption to be remote for certain gift card balances due to long periods of inactivity. The Company uses the redemption recognition method to account for breakage for unused gift card amounts where breakage is recognized as gift cards are redeemed for the purchase of goods based upon a historical breakage rate. In these circumstances, to the extent the Company determines there is no requirement for remitting unredeemed card balances to government agencies under unclaimed property laws, such amounts are recognized in the condensed consolidated statements of operations as a component of net sales. The table below sets forth selected gift card liability information (in thousands) for the periods indicated: November 2, 2024 February 3, 2024 October 28, 2023 Gift card liability, net of estimated breakage (included in accrued expenses) $ 10,137 $ 12,008 $ 11,448 The table below sets forth selected gift card breakage and redemption information (in thousands) for the periods indicated: 13-Week Period Ended 39-Week Period Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Gift card breakage revenue (included in net sales) $ 311 $ 338 $ 861 $ 1,673 Gift card redemptions recognized in the current period related to amounts included in the gift card contract liability balance as of the prior period 1,173 1,430 3,093 3,708 Customer loyalty program — The Company has a loyalty program called the K-club that allows members to receive points based on qualifying purchases that are converted into certificates that may be redeemed on future purchases. This customer option is a material right and, accordingly, represents a separate performance obligation to the customer. The related loyalty program deferred revenue included in accrued expenses on the condensed consolidated balance sheets was approximately $ 1.5 million, $ 1.4 million, and $ 1.2 million at November 2, 2024, February 3, 2024 and October 28, 2023 , respectively.

Income Taxes

Income Taxes	9 Months Ended
	Nov. 02, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Note 3 – Income Taxes For the 13-week periods ended November 2, 2024 and October 28, 2023 , the Company recorded an income tax expense of approximately $ 356,000 , or ( 4.9 )% of the loss before income taxes compared to a benefit of approximately $ 1.3 million, or 16.8 % of the loss before income taxes, respectively. For the 39-week periods ended November 2, 2024 and October 28, 2023 , the Company recorded an income tax expense of approximately $ 549,000 , or ( 1.8 )% of the loss before income taxes compared to an expense of approximately $ 720,000 or ( 1.9 )% of the loss before income taxes, respectively. The change in income taxes for the 13-week and 39-week periods ended November 2, 2024, compared to the prior year periods, was primarily due to changes in valuation allowance adjustments and state income taxes. The Company recognizes deferred tax assets and liabilities using estimated future tax rates for the effect of temporary differences between the book and tax basis of recorded assets and liabilities, including net operating loss carry forwards. Management assesses the realizability of deferred tax assets and records a valuation allowance if it is more likely than not that all or a portion of the deferred tax assets will not be realized. The Company considers the probability of future taxable income and our historical profitability, among other factors, in assessing the amount of the valuation allowance. Adjustments could be required in the future if the Company estimates that the amount of deferred tax assets to be realized is more than the net amount recorded. Any change in the valuation allowance could have the effect of increasing or decreasing the income tax provision in the condensed consolidated statement of operations based on the nature of the deferred tax asset deemed realizable in the period in which such determination is made. As of November 2, 2024 and October 28, 2023 , the Company recorded a full valuation allowance against deferred tax assets.

Loss Per Share

Loss Per Share	9 Months Ended
	Nov. 02, 2024
Earnings Per Share [Abstract]
Loss Per Share	Note 4 – Loss Per Share Basic loss per share is computed by dividing net loss by the weighted average number of shares outstanding during each period presented. Diluted loss per share is computed by dividing net loss by the weighted average number of shares outstanding plus the dilutive effect of stock equivalents outstanding during the applicable periods using the treasury stock method and shares issuable upon conversion of convertible notes payable. Diluted loss per share reflects the potential dilution that could occur if options to purchase stock were exercised into common stock, if outstanding grants of restricted stock were vested and if the incremental shares issuable upon conversion of the currently convertible portion of the convertible notes were issued. Stock options, restricted stock units and the currently convertible portion of the convertible notes that were not included in the computation of diluted loss per share, because to do so would have been antidilutive, were approximately 1,357,000 shares and 695,000 shares for the 13-week periods ended November 2, 2024 and October 28, 2023 , respectively and 1,077,000 shares and 696,000 shares for the 39-week periods ended November 2, 2024 and October 28, 2023 , respectively.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Nov. 02, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 5 – Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants on the measurement date. The Company uses a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: Level 1, defined as observable inputs such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying amounts of cash and cash equivalents, accounts receivable and accounts payable approximate fair value because of their short maturities. The revolving line of credit approximates fair value due to the one, three or six-month interest terms. The Company also has a non-depleting collateral trust with the Company’s workers’ compensation and general liability insurance provider named as beneficiary. The assets in this trust are invested in financial instruments that would fall within Level 1 of the fair value hierarchy, and they are included in other assets on the consolidated balance sheets. Fair value of the Non-Convertible Term Loan, the Convertible Term Loan and the Collaboration Agreement fees, which were entered into on October 21, 2024, are determined on a non-recurring basis, which results are summarized as follows (in thousands): November 2, 2024 Fair Value Hierarchy Carrying Value (1) Fair Value Non-Convertible Term Loan (2) Level 2 $ 5,401 $ 6,393 Convertible Term Loan (2) Level 2 6,586 7,753 Collaboration Agreement fees (3) Level 3 3,806 4,450 (1) See “Note 9 — Long-Term Debt” for further discussion of the carrying values . (2) The fair value was estimated using available market information for debt instruments with similar maturities and credit risk. (3) The fair value estimate uses the Company’s estimated future revenue projections over the term of the Collaboration Agreement discounted using current market rates for debt investments with similar maturities and credit risk. The Company measures certain assets at fair value on a non-recurring basis, including the evaluation of long-lived assets for impairment using Company-specific assumptions, including forecasts of projected financial information that would fall within Level 3 of the fair value hierarchy. The Company uses market participant rents (Level 2 input) to calculate the fair value of right-of-use assets and discounted future cash flows of the asset or asset group using a discount rate that approximates the cost of capital of a market participant (Level 2 input) to quantify fair value for other long-lived assets. See “Note 11 — Impairment” for further discussion.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Nov. 02, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 6 – Commitments and Contingencies The Company was named as a defendant in a class action filed in May 2018 in the Superior Court of California, Miles v. Kirkland’s Stores, Inc. The case has been removed to United States District Court for the Central District of California. The complaint alleges, on behalf of Miles and all other hourly Kirkland’s employees in California, various wage and hour violations and seeks unpaid wages, statutory and civil penalties, monetary damages and injunctive relief. Kirkland’s denies the material allegations in the complaint and believes that its employment policies are generally compliant with California law. On March 22, 2022, the District Court denied the plaintiff’s motion to certify in its entirety, and on January 8, 2024, the Ninth Circuit affirmed the District Court’s denial of certification as to the subclasses related to the security bag check but reversed the District Court as to the rest break claim. The Ninth Circuit did not address the issue of whether there is liability for the rest break claim. On June 7, 2024, the District Court certified a subclass relating to the rest break claim and has scheduled a trial on the rest break liability issue for July 2025. The Company continues to believe the case is without merit and intends to vigorously defend itself against the allegations. The Company was named as a defendant in a putative class action filed in August 2022 in the United States District Court for the Southern District of New York, Sicard v. Kirkland’s Stores, Inc. The complaint alleges, on behalf of Sicard and all other hourly store employees based in New York, that Kirkland’s violated New York Labor Law Section 191 by failing to pay him and the putative class members their wages within seven calendar days after the end of the week in which those wages were earned, rather paying wages on a bi-weekly basis. Plaintiff claims the putative class is entitled to recover from the Company the amount of their untimely paid wages as liquidated damages, reasonable attorneys’ fees and costs. The Company believes the case is without merit and intends to vigorously defend itself against the allegations. The Company is also party to other pending legal proceedings and claims that arise in the normal course of business. Although the outcome of such proceedings and claims cannot be determined with certainty, the Company’s management is of the opinion that it is unlikely that such proceedings and any claims in excess of insurance coverage will have a material effect on its consolidated financial condition, operating results or cash flows.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Nov. 02, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Note 7 – Stock-Based Compensation The Company maintains equity incentive plans under which it may grant non-qualified stock options, incentive stock options, restricted stock, restricted stock units, or stock appreciation rights to employees, non-employee directors and consultants. Compensation expense is recognized on a straight-line basis over the vesting periods of each grant. There have been no material changes in the assumptions used to compute compensation expense during the current year. The table below sets forth selected stock-based compensation information (in thousands, except share amounts) for the periods indicated: 13-Week Period Ended 39-Week Period Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Stock-based compensation expense (included in compensation and benefits on the condensed consolidated statements of operations) $ 253 $ 277 $ 809 $ 891 Restricted stock units granted 10,000 — 402,585 374,440 Stock options granted — — 228,126 237,675

Share Repurchase Plan

Share Repurchase Plan	9 Months Ended
	Nov. 02, 2024
Treasury Stock Transactions [Abstract]
Share Repurchase Plan	Note 8 – Share Repurchase Plan On January 6, 2022, the Company announced that its Board of Directors authorized a share repurchase plan providing for the purchase in the aggregate of up to $ 30.0 million of the Company’s outstanding common stock. Repurchases of shares are made in accordance with applicable securities laws and may be made from time to time in the open market or by negotiated transactions. The amount and timing of repurchases are based on a variety of factors, including stock price, regulatory limitations and other market and economic factors. The share repurchase plan does not require the Company to repurchase any specific number of shares, and the Company may terminate the repurchase plan at any time. For the 39-week periods ended November 2, 2024 and October 28, 2023, the Company did not repurchase any shares of common stock under the share repurchase plan. As of November 2, 2024 , the Company had approximately $ 26.3 million remaining under the current share repurchase plan.

Long-Term Debt

Long-Term Debt	9 Months Ended
	Nov. 02, 2024
Debt Disclosure [Abstract]
Long-Term Debt	Note 9 – Long-Term Debt Long-term debt, net consisted of the following (in thousands): November 2, 2024 February 3, 2024 October 28, 2023 Revolving line of credit $ 65,000 $ 34,000 $ 62,000 Non-Convertible Term Loan 8,500 — — Convertible Term Loan 8,500 — — Collaboration Agreement fees 3,806 — — Total outstanding borrowings 85,806 34,000 62,000 Less: unamortized debt discount and issuance costs ( 5,013 ) — — Total debt 80,793 34,000 62,000 Less: current portion of long-term debt, included in accrued expenses ( 396 ) — — Long-term debt $ 80,397 $ 34,000 $ 62,000 Revolving Line of Credit On March 31, 2023, the Company entered into a Third Amended and Restated Credit Agreement (the “2023 Credit Agreement”) with Bank of America, N.A., as administrative agent and collateral agent, and lender. The 2023 Credit Agreement amended the previous Second Amended and Restated Credit Agreement (the “2019 Credit Agreement”) from a $ 75.0 million senior secured revolving credit facility to a $ 90.0 million senior secured revolving credit facility. The 2023 Credit Agreement contains substantially similar terms and conditions as the 2019 Credit Agreement including a swingline availability of $ 10.0 million, a $ 25.0 million incremental accordion feature and extended its maturity date to March 2028 . The fee paid to the lenders on the unused portion of the 2023 Credit Agreement is 25 basis points when usage is greater than 50% of the facility amount; otherwise, the fee on the unused portion is 37.5 basis points per annum. On January 25, 2024, the Company entered into a First Amendment to the 2023 Credit Agreement that increased the advance rate and allowed the Company to enter into the FILO Term Loan (defined below) agreement. Subsequent to January 25, 2024, advances under the 2023 Credit Agreement accrue interest at an annual rate equal to the Secured Overnight Financing Rate (“SOFR”) plus a margin of 275 basis points with no SOFR floor. Upon the demonstration that the Company’s fixed charge coverage ratio is greater than 1.0 to 1.0 on a trailing twelve-month basis, the interest rate permanently decreases on the 2023 Credit Agreement to SOFR plus a margin of 225 basis points. Prior to January 25, 2024, advances under the 2023 Credit Agreement accrued interest at an annual rate equal to SOFR plus a margin ranging from 200 to 250 basis points with no SOFR floor. On October 21, 2024, the Company entered into a Second Amendment to the 2023 Credit Agreement to permit the Beyond Credit Agreement and the Subscription Agreement and to modify the borrowing base calculation and the minimum excess availability covenant. The interest rate and expiration date provisions of the First Amendment to the 2023 Credit Agreement remained unchanged. The Company is subject to a Third Amended and Restated Security Agreement (“Security Agreement”) with its lenders. Pursuant to the Security Agreement, the Company pledged and granted to the administrative agent, for the benefit of itself and the secured parties specified therein, a lien on and security interest in all of the rights, title and interest in substantially all of the Company’s assets to secure the payment and performance of the obligations under the 2023 Credit Agreement. The maximum availability under the 2023 Credit Agreement is limited by a borrowing base formula, which consists of a percentage of eligible inventory and eligible credit card receivables, less reserves and an excess required availability covenant, which limits the borrowing base formula by the greater of 10 % of the combined borrowing base formula or $ 8.0 million. As of November 2, 2024, the Company was in compliance with the covenants in the 2023 Credit Agreement and there were no letters of credit outstanding under the 2023 Credit Agreement. As of November 2, 2024 , the Company has approximately $ 16.0 million available for borrowing under the 2023 Credit Agreement, after the minimum required excess availability covenant. Availability under the 2023 Credit Agreement fluctuates largely based on eligible inventory levels, and as eligible inventory increases in the second and third fiscal quarters in support of the Company’s back-half sales plans, the Company’s borrowing capacity increases correspondingly. Subsequent to November 2, 2024 , the Company repaid a net $ 19.0 million under the 2023 Credit Agreement. FILO Term Loan On January 25, 2024, the Company entered into a $ 12.0 million “first-in, last-out” asset-based delayed-draw term loan (the “FILO Term Loan”) with Gordon Brothers Group, via an affiliate entity, 1903P Loan Agent, LLC, as administrative agent and lender. The indebtedness under the FILO Term Loan was subordinated in most respects to the 2023 Credit Agreement. The FILO Term Loan had a maturity date of March 2028, coterminous with the 2023 Credit Agreement. The interest rate of the FILO Term Loan was one-month term SOFR, plus a margin of 9.50 %. Proceeds from the Beyond Credit Agreement (defined below) were used by the Company to repay and terminate the FILO Term Loan on October 21, 2024. The Company paid $ 12.6 million, which consisted of $ 10.0 million of debt principal and $ 2.6 million of prepayment penalties. The Company recorded a loss on extinguishment of debt related to the termination of the FILO Term Loan of $ 3.3 million during the 13-weeks ended November 2, 2024, of which $ 2.6 million was for the prepayment penalty and the remainder was related to the write-off of unamortized debt issuance costs. Beyond Credit Agreement On October 21, 2024, the Company entered into the Beyond Credit Agreement with Beyond, as administrative agent and lender. The Beyond Credit Agreement consists of an $ 8.5 million Convertible Term Loan that is mandatorily convertible into Kirkland’s common stock at a price of $ 1.85 per share for a total of 4,594,594 shares upon the approval of Kirkland’s shareholders and an $ 8.5 million Non-Convertible Term Loan that is non-convertible. The maturity date on the Non-Convertible Term Loan is September 30, 2028, and the maturity date on the Convertible Term Loan is 180 days from the closing of the Beyond Credit Agreement, or if shareholder approval is not obtained, the maturity date will be extended to September 30, 2028. Beyond can elect to convert a portion of the Convertible Term Loan into shares of Kirkland’s common stock prior to shareholder approval up to a cap of 2,609,215 shares. The indebtedness under the Beyond Credit Agreement is subordinated to the 2023 Credit Agreement and is not subject to a borrowing base calculation. The Beyond Credit Agreement accrues interest at an annual rate equal to SOFR plus a margin of 275 basis points with no SOFR floor. As of November 2, 2024, the Company was in compliance with the covenants in the Beyond Credit Agreement. Collaboration Agreement Fees The Company entered into the Collaboration Agreement with Beyond, which outlines the parties’ intentions to collaborate on numerous operating arrangements. Under the Collaboration Agreement, Kirkland’s will pay Beyond a quarterly collaboration fee equal to 0.25 % of Kirkland’s quarterly retail and e-commerce revenue starting in the first quarter of fiscal 2025 and continuing for the remaining seven-year term of the Collaboration Agreement. This fee will extend an additional two years beyond the Collaboration Agreement if the Beyond Credit Agreement is still outstanding as of the expiration or termination of the Collaboration Agreement. Kirkland’s will also pay to Beyond an incentive fee equal to 1.5 % of Kirkland’s incremental growth in e-commerce revenue during the term of the Collaboration Agreement. As payments are remitted to Beyond from the Company, the balance of the liability related to the sale of a percentage of future revenue will be repaid over the life of the Collaboration Agreement. In order to determine the amortization of the liability, the Company is required to estimate the total amount of future payments to Beyond over the life of the Collaboration Agreement. The $ 3.8 million initial liability will be accreted to the total of the payments as interest expense over the life of the Collaboration Agreement. At execution, the estimate of this total interest expense resulted in an effective annual interest rate of approximately 19.6 %. This estimate contains significant assumptions that impact both the amount recorded at execution and the interest expense that will be recognized over the Collaboration Agreement period. The Company will periodically assess the estimated payments to Beyond and to the extent the amount or timing of such fees is materially different than the original estimates, an adjustment will be recorded prospectively to increase or decrease interest expense. The main factor that could materially affect the amount of the payments is changes in the Company’s estimated retail and e-commerce revenue. General Terms and Conditions Borrowings under the 2023 Credit Agreement and the Beyond Credit Agreement are subject to certain conditions and contain customary events of default, including, without limitation, failure to make payments, a cross-default to certain other debt, breaches of covenants, breaches of representations and warranties, a change in control, certain monetary judgments and bankruptcy and ERISA events. Upon any such event of default, the principal amount of any unpaid loans and all other obligations under the 2023 Credit Agreement and the Beyond Credit Agreement may be declared immediately due and payable.

Subscription Agreement

Subscription Agreement	9 Months Ended
	Nov. 02, 2024
Equity [Abstract]
Subscription Agreement	Note 10 – Subscription Agreement On October 21, 2024, the Company and Beyond entered into the Subscription Agreement, pursuant to which, upon the approval of Kirkland’s shareholders at the Special Shareholders Meeting, Beyond will purchase $ 8 million of Kirkland’s common stock at a price of $ 1.85 per share for a total of 4,324,324 shares. If the $ 8 million equity purchase under the Subscription Agreement and the mandatory conversion of the Convertible Term Loan are both approved at the Special Shareholders Meeting, the Company will receive additional proceeds of $ 8 million, and the Convertible Term Loan will convert to equity. After the $ 8 million equity purchase and the mandatory conversion of the Convertible Term Loan, Beyond would own approximately 40 % of Kirkland’s then outstanding common stock. Pursuant to an investor rights agreement, Beyond is subject to a standstill obligation, that among other things, generally restricts Beyond’s ability to acquire more than 40 % of the Company’s stock. Any amount of the subscription in excess of the 40 % ownership cap would be added to the Non-Convertible Term Loan in accordance with the terms of the Beyond Credit Agreement. If shareholder approval is not obtained by April 19, 2025, the Subscription Agreement shall automatically terminate.

Impairment

Impairment	9 Months Ended
	Nov. 02, 2024
Impairment [Abstract]
Impairment	N ote 11 – Impairment The Company evaluates the recoverability of the carrying amounts of long-lived assets when events or changes in circumstances dictate that their carrying values may not be recoverable. This review includes the evaluation of individual under-performing retail stores and the assessment of the recoverability of the carrying value of the assets related to the stores. Future cash flows are projected for the remaining lease life. If the estimated future cash flows are less than the carrying value of the assets, the Company records an impairment charge equal to the difference between the assets’ fair value and carrying value. The fair value is estimated using a discounted cash flow approach, considering such factors as future sales levels, gross margins, changes in rent and other expenses as well as the overall operating environment specific to that store. The amount of the impairment charge is allocated proportionately to all assets in the asset group with no asset written down below its individual fair value. The table below sets forth impairment information (in thousands, except store counts) for the periods indicated: 13-Week Period Ended 39-Week Period Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Impairment of leasehold improvements, fixtures and equipment at stores $ 1 $ 268 $ 32 $ 595 Impairment of other long-lived assets (1) — 48 — 947 Total impairment $ 1 $ 316 $ 32 $ 1,542 Number of stores with leasehold improvements, fixtures and equipment impairment — 4 1 6 (1) Other long-lived asset impairment includes the write-off of software costs, cloud computing implementation costs and fixtures related to the closing of two e-commerce distribution centers in fiscal 2023 .

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
	Nov. 02, 2024
Accounting Standards Update and Change in Accounting Principle [Abstract]
New Accounting Pronouncements	N ote 12 – New Accounting Pronouncements New Accounting Pronouncements Not Yet Adopted In November 2023, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, “Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures.” The amendment in the ASU is intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The amendments in this ASU are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, and should be applied on a retrospective basis to all periods presented. The Company is currently evaluating the impact of adoption on its financial disclosures. In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740) - Improvements to Income Tax Disclosures.” The ASU requires that an entity disclose specific categories in the effective tax rate reconciliation as well as provide additional information for reconciling items that meet a quantitative threshold. Further, the ASU requires certain disclosures of state versus federal income tax expense and taxes paid. The amendments in this ASU are required to be adopted for fiscal years beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued. The amendments should be applied on a prospective basis although retrospective application is permitted. The Company is currently evaluating the impact of adoption on its financial disclosures. In November 2024, the FASB issued ASU 2024-03, “Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures” which requires entities to disclose more detailed information about certain costs and expenses presented in the income statement, including inventory purchases, employee compensation, selling expenses and depreciation . This ASU is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of adoption to determine the impact it may have on its financial disclosures.

Description of Business and B_2

Description of Business and Basis of Presentation (Policies)	9 Months Ended
	Nov. 02, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	Nature of business — Kirkland’s, Inc. (the “Company”, “we”, “our” or “us”) is a specialty retailer of home décor and furnishings in the United States operating 325 stores in 35 states as of November 2, 2024 , as well as an e-commerce website, www.kirklands.com, under the Kirkland’s Home brand.
Principles of consolidation	Principles of consolidation — The condensed consolidated financial statements of the Company include the accounts of Kirkland’s, Inc. and its wholly-owned subsidiaries, Kirkland’s Stores, Inc., Kirkland’s DC, Inc., and Kirkland’s Texas, LLC. Significant intercompany accounts and transactions have been eliminated.
Basis of presentation	Basis of presentation — The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and are presented in accordance with the requirements of Form 10-Q and pursuant to the reporting and disclosure rules and regulations of the United States Securities and Exchange Commission (“SEC”). In the opinion of management, all adjustments, including normal recurring accruals, considered necessary for a fair presentation have been included. These financial statements should be read in conjunction with the audited financial statements included in the Company’s Annual Report on Form 10-K filed with the SEC on March 29, 2024.
Seasonality	Seasonality — The results of the Company’s operations for the 13-week and 39-week periods ended November 2, 2024 are not indicative of the results to be expected for any other interim period or for the entire fiscal year due to seasonality factors.
Fiscal year	Fiscal year — The Company’s fiscal year ends on the Saturday closest to January 31, resulting in years of either 52 or 53 weeks. Accordingly, fiscal 2024 represents the 52 weeks ending on February 1, 2025, and fiscal 2023 represents the 53 weeks ended on February 3, 2024.
Reclassifications	Reclassifications — Certain amounts in the condensed consolidated statement of cash flows for the 39-week period ended October 28, 2023 in the operating activities section have been reclassified to conform to the current period presentation. Income taxes payable or receivable is no longer material to be presented as a separate line item and has been reclassified into prepaid and other current assets and accrued expenses.
Use of estimates	Use of estimates — The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from the estimates and assumptions used. It should be understood that accounting measurements at interim dates inherently involve greater reliance on estimates than those at fiscal year-end. Changes in estimates are recognized in the period when new information becomes available to management. Areas where the nature of the estimate makes it reasonably possible that actual results could materially differ from amounts estimated include, but are not limited to, impairment assessments on long-lived assets, inventory reserves, self-insurance reserves and deferred tax asset valuation allowances.
Strategic partnership with Beyond, Inc. ("Beyond")	Strategic partnership with Beyond, Inc. (“Beyond”) — The Company entered into a strategic partnership with Beyond on October 21, 2024, with the purpose of enabling cohesive collaboration between the companies, leveraging the strengths of each business to drive sustainable profitable growth and value for all stakeholders. As part of this partnership with Beyond, the companies entered into a $ 17 million term loan credit agreement (the “Beyond Credit Agreement”), an $ 8 million subscription agreement (the “Subscription Agreement”), a seven-year collaboration agreement (the “Collaboration Agreement”) and a trademark license agreement (the “Trademark License Agreement”). Proceeds of $ 17 million from the Beyond Credit Agreement, in the form of an $ 8.5 million non-convertible term loan (“Non-Convertible Term Loan”) and an $ 8.5 million convertible term loan (“Convertible Term Loan”) were used by Kirkland's to repay its existing FILO term loan (“FILO Term Loan”), including prepayment fees and transaction expenses, and to reduce borrowings under Kirkland's existing revolving credit facility. The $ 8 million equity purchase under the Subscription Agreement and the mandatory conversion of the Convertible Term Loan are both subject to the approval of Kirkland's shareholders at the Company’s special meeting of shareholders on December 23, 2024 (“Special Shareholders Meeting”) in accordance with Nasdaq Listing Rules and other customary closing conditions. For further discussion on the agreements with Beyond, refer to “Note 5 — Fair Value Measures”, “Note 9 — Long-Term Debt” and “Note 10 — Subscription Agreement”.
Collaboration Agreement fees	Collaboration Agreement fees — Under the terms of the Collaboration Agreement, the Company gave Beyond the right to receive a percentage of future revenues generated by Kirkland’s over the life of the Collaboration Agreement. The sale of a percentage of Kirkland’s future revenue to Beyond has been accounted for as debt financing, as the Company has significant continuing involvement in the generation of the related cash flows. As a result, the Company recorded the proceeds from these fees as debt, which will be accreted in interest expense using the effective interest rate method over the life of the arrangement. The debt was initially recorded at its fair value, net of allocated discount and deferred costs. The liability and the related interest expense for these fees are based on the Company’s current estimates of future payments expected to be made over the life of the Collaboration Arrangement. The Company will periodically assess the expected payments using internal projections. To the extent our future estimates of payments are greater or less than previous estimates, the Company will prospectively recognize related non-cash interest expense. For further discussion refer to “Note 5 — Fair Value Measures” and “Note 9 — Long-Term Debt”.
Trademark License Agreement	Trademark License Agreement — The Trademark License Agreement with Beyond grants Kirkland’s the exclusive license to operate small format, neighborhood brick-and-mortar retail stores and “Shops-within-a-Shop” locations under licensed Beyond-owned trademarks. Kirkland’s will pay royalty fees as a percentage of net store sales generated under the Bed Bath & Beyond banner during the term of the Collaboration Agreement with that rate increasing as a percentage of net sales after the Collaboration Agreement has terminated, if the locations are still operating. There is also a fixed guaranteed minimum royalty fee during the term of the Collaboration Agreement that takes effect after the opening of the first Bed Bath & Beyond retail store. There were no royalty fees during the 13-week period ended November 2, 2024.
Going concern assessment and management's plans	Going concern assessment and management’s plans — The Company’s revenues, results of operations and cash flows have been materially adversely impacted by strategic and macroeconomic factors during the last several fiscal quarters. The persistently challenging home furnishings retail environment, including reduced consumer spending in the category and increased price sensitivity, has significantly impacted the Company’s performance and liquidity levels. Operating loss and negative cash flows from operations continue to reduce the Company’s liquidity levels. For the 39-week period ended November 2, 2024 , the Company reported a net loss of $ 31.0 million and net cash used in operating activities of $ 39.0 million compared to a net loss of $ 37.9 million and net cash used in operating activities of $ 42.7 million in the prior year period. When conditions and events, in the aggregate, raise substantial doubt about an entity’s ability to continue as a going concern, management evaluates the mitigating effect of its plans to determine if it is probable that the plans will be effectively implemented within the assessment period and, when implemented, will mitigate the relevant conditions and events to alleviate substantial doubt. The Company’s plans are focused on improving its operating results and liquidity through sales growth, cost reductions and additional financing. Throughout fiscal 2024, the Company implemented expense reductions to streamline its cost structure and improve its liquidity profile. The Company believes these actions are necessary as part of improving its profitability and liquidity trajectory, while minimizing any disruption to the Company’s focus on its strategic initiatives and the overall customer experience. The cost-savings initiatives included a reduction in corporate overhead, store payroll, marketing and third-party technology expenses. In addition, through the strategic partnership with Beyond, the Company received proceeds of $ 17 million from the Beyond Credit Agreement, which were used by the Company to repay the outstanding balance on the FILO Term Loan, to pay prepayment fees and transaction expenses, and to reduce borrowings under its existing revolving credit facility. If the $ 8 million equity purchase under the Subscription Agreement and the mandatory conversion of the Convertible Term Loan are both approved at the Special Shareholders Meeting, the Company will receive additional proceeds of $ 8 million, and the Convertible Term Loan will convert to equity. If these provisions are not approved, the Company will consider additional cost reductions and financing options. The Company believes these plans and arrangements will result in adequate cash flows to support its ongoing operations and to meet its covenant requirements for one year following the date these financial statements are issued. However, the Company cannot provide any assurance that its plans will be successful, and if the Company encounters unforeseen circumstances that place further constraints on its capital resources, management will be required to take various additional measures to conserve liquidity. The accompanying unaudited condensed consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. Accordingly, the accompanying consolidated financial statements do not include any adjustments or charges that might be necessary should the Company be unable to continue as a going concern, such as charges related to impairment of the Company’s assets, the recoverability and classification of assets or the amounts and classification of liabilities or other similar adjustments.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Nov. 02, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Gift Card Liability, Breakage and Redemption Information	The table below sets forth selected gift card liability information (in thousands) for the periods indicated: November 2, 2024 February 3, 2024 October 28, 2023 Gift card liability, net of estimated breakage (included in accrued expenses) $ 10,137 $ 12,008 $ 11,448 The table below sets forth selected gift card breakage and redemption information (in thousands) for the periods indicated: 13-Week Period Ended 39-Week Period Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Gift card breakage revenue (included in net sales) $ 311 $ 338 $ 861 $ 1,673 Gift card redemptions recognized in the current period related to amounts included in the gift card contract liability balance as of the prior period 1,173 1,430 3,093 3,708

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Nov. 02, 2024
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis	Fair value of the Non-Convertible Term Loan, the Convertible Term Loan and the Collaboration Agreement fees, which were entered into on October 21, 2024, are determined on a non-recurring basis, which results are summarized as follows (in thousands): November 2, 2024 Fair Value Hierarchy Carrying Value (1) Fair Value Non-Convertible Term Loan (2) Level 2 $ 5,401 $ 6,393 Convertible Term Loan (2) Level 2 6,586 7,753 Collaboration Agreement fees (3) Level 3 3,806 4,450 (1) See “Note 9 — Long-Term Debt” for further discussion of the carrying values . (2) The fair value was estimated using available market information for debt instruments with similar maturities and credit risk. (3) The fair value estimate uses the Company’s estimated future revenue projections over the term of the Collaboration Agreement discounted using current market rates for debt investments with similar maturities and credit risk.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Nov. 02, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	The table below sets forth selected stock-based compensation information (in thousands, except share amounts) for the periods indicated: 13-Week Period Ended 39-Week Period Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Stock-based compensation expense (included in compensation and benefits on the condensed consolidated statements of operations) $ 253 $ 277 $ 809 $ 891 Restricted stock units granted 10,000 — 402,585 374,440 Stock options granted — — 228,126 237,675

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Nov. 02, 2024
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt, net consisted of the following (in thousands): November 2, 2024 February 3, 2024 October 28, 2023 Revolving line of credit $ 65,000 $ 34,000 $ 62,000 Non-Convertible Term Loan 8,500 — — Convertible Term Loan 8,500 — — Collaboration Agreement fees 3,806 — — Total outstanding borrowings 85,806 34,000 62,000 Less: unamortized debt discount and issuance costs ( 5,013 ) — — Total debt 80,793 34,000 62,000 Less: current portion of long-term debt, included in accrued expenses ( 396 ) — — Long-term debt $ 80,397 $ 34,000 $ 62,000

Impairment (Tables)

Impairment (Tables)	9 Months Ended
	Nov. 02, 2024
Impairment [Abstract]
Schedule of Impairment Information	The table below sets forth impairment information (in thousands, except store counts) for the periods indicated: 13-Week Period Ended 39-Week Period Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Impairment of leasehold improvements, fixtures and equipment at stores $ 1 $ 268 $ 32 $ 595 Impairment of other long-lived assets (1) — 48 — 947 Total impairment $ 1 $ 316 $ 32 $ 1,542 Number of stores with leasehold improvements, fixtures and equipment impairment — 4 1 6 (1) Other long-lived asset impairment includes the write-off of software costs, cloud computing implementation costs and fixtures related to the closing of two e-commerce distribution centers in fiscal 2023 .

Description of Business and B_3

Description of Business and Basis of Presentation - Additional Information (Details) $ in Thousands		3 Months Ended						9 Months Ended
	Oct. 21, 2024 USD ($)	Nov. 02, 2024 USD ($) State Store	Aug. 03, 2024 USD ($)	May 04, 2024 USD ($)	Oct. 28, 2023 USD ($)	Jul. 29, 2023 USD ($)	Apr. 29, 2023 USD ($)	Nov. 02, 2024 USD ($) State Store	Oct. 28, 2023 USD ($)	Feb. 03, 2024 USD ($)
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of home decor and gifts store | Store		325						325
Number of states | State		35						35
Net Income (Loss)		$ (7,680)	$ (14,504)	$ (8,830)	$ (6,397)	$ (19,364)	$ (12,107)	$ (31,014)	$ (37,868)
Net cash used in operating activities								(39,034)	(42,686)
Proceeds from beyond credit agreement								17,000	0
Convertible Term Loan		8,500			0			8,500	0	$ 0
Long-term debt, net		$ 85,806			$ 62,000			$ 85,806	$ 62,000	$ 34,000
Subscription Agreement [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Sale of Stock, Consideration Received Per Transaction	$ 8,000
Consideration received on sale of stock	8,000
Consideration received on transaction	8,000
Beyond Credit Agreement [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Proceeds from beyond credit agreement	17,000
Term Loan	17,000
Convertible Term Loan	8,500
Long-term debt, net	$ 8,500

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Details) - USD ($)	Nov. 02, 2024	Feb. 03, 2024	Oct. 28, 2023
Revenue From Contract With Customer [Line Items]
Liability for sales returns	$ 1,200,000	$ 1,500,000	$ 1,400,000
Sales return reserve products recovery asset	583,000	710,000	609,000
Deferred e-commerce revenue	1,300,000	800,000	1,200,000
Contract assets in inventory	636,000	387,000	566,000
Customer Loyalty Program
Revenue From Contract With Customer [Line Items]
Deferred revenue	$ 1,500,000	$ 1,400,000	$ 1,200,000

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Gift Card Liability, Breakage and Redemption Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023	Feb. 03, 2024
Revenue from Contract with Customer [Abstract]
Gift card liability, net of estimated breakage (included in accrued expenses)	$ 10,137	$ 11,448	$ 10,137	$ 11,448	$ 12,008
Gift card breakage revenue (included in net sales)	311	338	861	1,673
Gift card redemptions recognized in the current period related to amounts included in the gift card contract liability balance as of the prior period	$ 1,173	$ 1,430	$ 3,093	$ 3,708

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Income Tax Disclosure [Abstract]
Income tax (benefit) expense	$ 356,000	$ (1,290,000)	$ 549,000	$ 720,000
Effective tax rate	(4.90%)	16.80%	(1.80%)	(1.90%)

Loss Per Share - Additional Inf

Loss Per Share - Additional Information (Details) - shares	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Earnings Per Share [Abstract]
Stock options and restricted stock units not included in the computation of diluted (loss) earnings per share (in shares)	1,357,000	695,000	1,077,000	696,000

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair value of the Non-Convertible Term Loan , the Convertible Term Loan and the Collaboration Agreement fees (Details) - Fair Value Non-recurring $ in Thousands	Nov. 02, 2024 USD ($)
Non-Convertible Term Loan | Level 2 | Estimate of Fair Value Measurement [Member]
Debt Instrument [Line Items]
Long Term Debt Fair Value	$ 6,393	[1]
Non-Convertible Term Loan | Level 2 | Carrying Reported Amount Fair Value Disclosure [Member]
Debt Instrument [Line Items]
Debt Instrument, Fair Value Disclosure	5,401	[1],[2]
Convertible Term Loan | Level 2 | Estimate of Fair Value Measurement [Member]
Debt Instrument [Line Items]
Long Term Debt Fair Value	7,753	[1]
Convertible Term Loan | Level 2 | Carrying Reported Amount Fair Value Disclosure [Member]
Debt Instrument [Line Items]
Debt Instrument, Fair Value Disclosure	6,586	[1],[2]
Collaboration Agreement fees [Member] | Level 3 | Estimate of Fair Value Measurement [Member]
Debt Instrument [Line Items]
Long Term Debt Fair Value	4,450	[3]
Collaboration Agreement fees [Member] | Level 3 | Carrying Reported Amount Fair Value Disclosure [Member]
Debt Instrument [Line Items]
Debt Instrument, Fair Value Disclosure	$ 3,806	[2],[3]
[1] The fair value was estimated using available market information for debt instruments with similar maturities and credit risk. See “Note 9 — Long-Term Debt” for further discussion of the carrying values The fair value estimate uses the Company’s estimated future revenue projections over the term of the Collaboration Agreement discounted using current market rates for debt investments with similar maturities and credit risk.

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense	$ 253	$ 277	$ 809	$ 891
Stock options granted	0	0	228,126	237,675
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Restricted stock units granted	10,000	0	402,585	374,440

Share Repurchase Plan - Additio

Share Repurchase Plan - Additional Information (Details) - USD ($) $ in Millions	Nov. 02, 2024	Jan. 06, 2022
Treasury Stock Transactions [Abstract]
Share repurchase plan, authorized amount		$ 30
Share repurchase plan, remaining authorized amount	$ 26.3

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Long-term debt (Details) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024	Oct. 28, 2023
Debt Disclosure [Abstract]
Revolving line of credit	$ 65,000	$ 34,000	$ 62,000
Non-Convertible Term Loan	8,500	0	0
Convertible Term Loan	8,500	0	0
Collaboration Agreement fees	3,806	0	0
Total outstanding borrowings	85,806	34,000	62,000
Less: unamortized debt discount and issuance costs	(5,013)	0	0
Total debt	80,793	34,000	62,000
Less: current portion of long-term debt, included in accrued expenses	(396)	0	0
Long-term debt	$ 80,397	$ 34,000	$ 62,000

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) $ / shares in Units, $ in Thousands			3 Months Ended			9 Months Ended
	Oct. 21, 2024 USD ($) Days $ / shares shares	Jan. 25, 2024 USD ($)	Nov. 02, 2024 USD ($)	Apr. 29, 2024	Oct. 28, 2023 USD ($)	Nov. 02, 2024 USD ($)	Oct. 28, 2023 USD ($)	Aug. 03, 2024 USD ($)	Feb. 03, 2024 USD ($)	Mar. 31, 2023 USD ($)
Line of Credit Facility [Line Items]
Repayments of Long-Term Debt, Total						$ 10,000	$ 0
Line of credit facility, interest rate description						The fee paid to the lenders on the unused portion of the 2023 Credit Agreement is 25 basis points when usage is greater than 50% of the facility amount; otherwise, the fee on the unused portion is 37.5 basis points per annum.
Payment of prepayment penalties on extinguishment of debt						$ 2,638	0
Loss on extinguishment of debt			$ (3,338)		$ 0	$ (3,338)	0
Percentage used in minimum excess availability calculation			10%			10%
Convertible Term Loan			$ 8,500		0	$ 8,500	0		$ 0
Collaboration Agreement fees			3,806		0	3,806	0		0
Long-term debt, net			85,806		$ 62,000	85,806	62,000		$ 34,000
Borrowings on revolving line of credit						40,100	$ 52,000
Maximum
Line of Credit Facility [Line Items]
Floor value of the minimum excess availability calculation			8,000			8,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Available borrowing capacity of line of credit facility			16,000			$ 16,000
Extended Maturity [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Term Loan maturity						March 2028
Credit Agreement [Member]
Line of Credit Facility [Line Items]
Borrowings on revolving line of credit						$ 19,000
Credit Agreement [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Percentage of margin of the interest rate permanently decreases		2.25%
Credit Agreement [Member] | Revolving Credit Facility [Member] | Minimum
Line of Credit Facility [Line Items]
Coverage Ratio		100%
Percentage of fee on unused portion of the facility						0.25%
Credit Agreement [Member] | Revolving Credit Facility [Member] | Maximum
Line of Credit Facility [Line Items]
Coverage Ratio		100%
Percentage of fee on unused portion of the facility						0.375%
Credit Agreement [Member] | Revolving Credit Facility [Member] | Effect After the Period [Member]
Line of Credit Facility [Line Items]
Interest at an annual rate equal to LIBOR plus a margin range		2.75%
Credit Agreement [Member] | Revolving Credit Facility [Member] | Effect Prior to Period [Member] | Minimum
Line of Credit Facility [Line Items]
Interest at an annual rate equal to LIBOR plus a margin range		2%
Credit Agreement [Member] | Revolving Credit Facility [Member] | Effect Prior to Period [Member] | Maximum
Line of Credit Facility [Line Items]
Interest at an annual rate equal to LIBOR plus a margin range		2.50%
Beyond Credit Agreement [Member]
Line of Credit Facility [Line Items]
Convertible Term Loan	$ 8,500
Convertible common stock price | $ / shares	$ 1.85
Debt converted into shares | shares	4,594,594
Long-term debt, net	$ 8,500
Debt Instrument Convertible Threshold Trading Days | Days	180
Beyond Credit Agreement [Member] | Maximum
Line of Credit Facility [Line Items]
Debt converted into shares | shares	2,609,215
Beyond Credit Agreement [Member] | Effect After the Period [Member]
Line of Credit Facility [Line Items]
Interest at an annual rate equal to LIBOR plus a margin range	275%
Collaboration Agreement fees [Member]
Line of Credit Facility [Line Items]
Collaboration Fee				0.25%
Incentive fee						1.50%
Collaboration Agreement fees			$ 3,800			$ 3,800
Effective Annual Interest Rate Percentage						19.60%
Secured credit facility | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Swingline availability								$ 10,000
Incremental accordion feature								25,000
Secured credit facility | Credit Agreement [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity										$ 75,000
Secured credit facility | Credit Agreement [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity								$ 90,000
Term Loan Credit Agreement [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity		$ 12,000
Repayments of Long-Term Debt, Total						$ 12,600
Interest at an annual rate equal to LIBOR plus a margin range		9.50%
Debt Instrument, Repaid, Principal						10,000
Payment of prepayment penalties on extinguishment of debt						2,600
Loss on extinguishment of debt						$ 3,300

Subscription Agreement (Additio

Subscription Agreement (Additional Information) (Details) - Subscription Agreement [Member] $ / shares in Units, $ in Millions	Oct. 21, 2024 USD ($) $ / shares shares
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Consideration received on sale of stock	$ 8
Sale of Stock, Price Per Share | $ / shares	$ 1.85
Number of Shares Issued in Sale of Stock | shares	4,324,324
Consideration received on transaction	$ 8
Ownership percentage	40%
Maximum
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Ownership percentage	40%

Impairment - Schedule of Impair

Impairment - Schedule of Impairment Information (Details) $ in Thousands		3 Months Ended		9 Months Ended
		Nov. 02, 2024 USD ($) Store	Oct. 28, 2023 USD ($) Store	Nov. 02, 2024 USD ($) Store	Oct. 28, 2023 USD ($) Store
Impairment [Abstract]
Impairment of leasehold improvements, fixtures and equipment at stores		$ 1	$ 268	$ 32	$ 595
Impairment of other long-lived assets	[1]	0	48	0	947
Total impairment		$ 1	$ 316	$ 32	$ 1,542
Number of stores with leasehold improvements, fixtures and equipment impairment | Store		0	4	1	6
[1] Other long-lived asset impairment includes the write-off of software costs, cloud computing implementation costs and fixtures related to the closing of two e-commerce distribution centers in fiscal 2023