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News Breaks
November 20, 2012
07:01 EDTKIRKKirkland's CEO Robert Alderson takes temporary medical leave of absence
Kirkland's announced that Robert Alderson, the company’s President and CEO, will take a temporary medical leave of absence, effective November 26. Mike Madden, the company’s Senior Vice President and CFO, will assume the additional responsibilities of acting President and CEO in Mr. Alderson’s absence. The company fully expects Mr. Alderson to resume his duties as President and CEO after an approximate 6- to 8-week recovery period from a non-emergency medical procedure.
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August 21, 2014
11:28 EDTKIRKKirkland's expects to generate positive cash flow in FY14
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11:13 EDTKIRKKirkland's sees Q3 revenue $113M-$115M, consensus $116.10M
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09:07 EDTKIRKOn The Fly: Pre-market Movers
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06:48 EDTKIRKKirkland's sees YoY improvement in merchandise and gross profit margins
Expects a lower markdown rate, lower inbound freight costs, and sales leverage. Operating expenses are expected to increase on a dollar basis due to the increase in stores and incremental investments in corporate headcount to support our growth initiatives. The company is also anticipating approximately 4c per diluted share in additional costs associated with its second half lease expiration and transition to replacement corporate headquarters space.
06:48 EDTKIRKKirkland's sees FY14 EPS 87c-97c, consensus 99c
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06:47 EDTKIRKKirkland's: Early sales and margin trends in August are encouaging
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06:46 EDTKIRKKirkland's reports Q2 SSS up 3.6%
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06:46 EDTKIRKKirkland's reports Q2 EPS (6c), consensus (3c)
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06:42 EDTKIRKKirkland's promotes W. Michael Madden President and COO effective immediately
Madden was serving as the company's Senior VP and CFO. The company expects Madden to assume the role of CEO after a period of orderly transition. Madden will remain the company’s principal financial officer pursuant to S.E.C requirements.

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