Kirkland's Comp-Store Sales Rise 1.4 Percent in Fourth Quarter

NASHVILLE, Tenn.-In a preliminary statement on its fourth-quarter performance, specialty retailer Kirkland's said same-store sales for the quarter increased 1.4 percent, reversing a 7.9 percent drop in the fourth quarter of last year.

The company said e-commerce sales entered the base of its comparable-store number in December, which provided a boost of 80 basis points to the quarter's result. Total net sales for the quarter, which ended on Jan. 28, rose 6.4 percent to $148.5 million.

For the full fiscal year, same-store sales declined 4 percent. Net sales for the year increased 3.5 percent to $429.7 million. Kirkland's will release its full quarterly report on March 8.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

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