Kirkland's Reports Third Quarter 2020 Results
Thu, December 3, 2020, 1:00 PM GMT+1·18 min read
Announces new share repurchase authorization of $20 million
Third Quarter 2020 Financial Highlights:
- Net sales increased 1.2% to $146.6 million, with 51 fewer stores; comparable sales increased 8.9%, including e-commerce growth of 49.9%
- Gross profit margin of 36.1% compared with 27.7% in the prior year, an increase of 840 basis points, or $12.7 million
- Operating expenses of 27.2% of net sales compared with 37.5% in the prior year; excluding impairments a reduction of 810 basis points, or $11.3 million
- Earnings per diluted share of $0.82 compared with loss per diluted share of $1.61 in the prior year
1 % CAPITAL
Thu, December 3, 2020, 1:00 PM GMT+1·18 min read
Announces new share repurchase authorization of $20 million
Third Quarter 2020 Financial Highlights:
- Net sales increased 1.2% to $146.6 million, with 51 fewer stores; comparable sales increased 8.9%, including e-commerce growth of 49.9%
- Gross profit margin of 36.1% compared with 27.7% in the prior year, an increase of 840 basis points, or $12.7 million
- Operating expenses of 27.2% of net sales compared with 37.5% in the prior year; excluding impairments a reduction of 810 basis points, or $11.3 million
- Earnings per diluted share of $0.82 compared with loss per diluted share of $1.61 in the prior year
1 % CAPITAL
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.