Kirkland’s, Inc. (KIRK) Announces Financial Results for Fourth Quarter
Today, Kirkland’s, Inc. announced its financial results for the 13-week and 52-week periods ended January 31, 2009. Comparable store sales for the fourth quarter of fiscal 2008 increased 5.3% compared with a 12.6% sales decrease in the fourth quarter of fiscal 2007. During the 52-week period ended January 31, 2009, comparable store sales in mall stores increased 6.9% while comparable store sales in off-mall stores increased 2.1%. For the 13-week period ended January 31, 2009, the company reported net income of $15.0 million, or $0.76 per diluted share, compared with net income of $1.5 million, or $0.08 per diluted share,…