Brief: Kirkland's Home Announces Holiday 2022 Comparable Sales Results
11/01/2023 12:58
Jan 11 (Reuters) - Kirkland's Inc KIRK.O :
* KIRKLAND'S HOME ANNOUNCES HOLIDAY 2022 COMPARABLE SALES
RESULTS
* KIRKLAND'S INC - COMPARABLE SALES FOR FISCAL Q4 THROUGH
DECEMBER
2022 DECREASED 5.5% COMPARED TO SAME PRIOR-YEAR PERIOD
* KIRKLAND'S INC - KIRKLAND'S HOME NOW EXPECTS ENDING FISCAL
YEAR
WITH ABOUT $15 MILLION TO $17 MILLION IN NET BORROWINGS
* KIRKLAND'S INC - ALSO NOW EXPECTS TO END FISCAL YEAR WITH
INVENTORY CLOSER TO HIGH END OF $70 MILLION TO $80 MILLION RANGE
* KIRKLAND'S INC - CONTINUED VOLATILE CONSUMER ENVIRONMENT
IN DEC
IMPACTED CUSTOMER TRAFFIC FOLLOWING OUR BLACK FRIDAY PROMOTIONAL
EVENTS
Source text for Eikon: ID:nPn46WxF0a
Further company coverage: KIRK.O
((Reuters.Briefs@thomsonreuters.com;))