Kirkland’s Inc. reports 4Q loss of $4.9 Million

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  • Kirklands, fiscal fourth-quarter loss of $4.9 million
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BRENTWOOD, Tenn. (AP) – Kirkland's Inc. (KIRK) on Friday reported a fiscal fourth-quarter loss of $4.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Brentwood, Tennessee-based company said it had a loss of 35 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 59 cents per share.

The home decor retailer posted revenue of $209.4 million in the period.

For the year, the company reported a loss of $53.3 million, or $3.79 per share, swinging to a loss in the period. Revenue was reported as $603.9 million.