Kirkland's Sales Rise 9 Percent in Q4, 4.2 Percent for Fiscal Year
February 7, 2013,
NASHVILLE, Tenn.-Fourth-quarter net sales for home specialty retailer Kirkland's totaled $162.6 million, up 9 percent from the fourth quarter of last year.
For the fiscal year as a whole ending on Feb. 2, Kirkland's net sales gained 4.2 percent to $448 million. Same-store sales in the quarter declined 2.6 percent, and for the year, comparable-store sales were down 3 percent.
The company also announced that Robert Alderson, president and CEO, has returned to his duties. Alderson began a medical leave of absence in November. His responsibilities were handled by Mike Madden, senior vice president and chief financial officer, during his leave.