Kirkland's Sales Flat in Q1
May 7, 2013,
NASHVILLE, Tenn.-Home specialty store Kirkland's said its first-quarter net sales totaled $97.8 million, about the same as its sales in the first quarter of last year.
In a preliminary report on the results for the quarter, which ended on May 4, the retailer said the sales figure was below its expectation of sales between $99 million and $101 million. Kirkland's added that same-store sales declined 1.2 percent, compared to its projection of a same-store sales decrease of between 3 and 5 percent. The company said it would issue a full report of its first-quarter results on May 23.