Kirkland's Q2 Adj. EPS $(1.39) Misses $(1.10) Estimate, Sales $89.50M Miss $91.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kirkland's reported Q2 losses of $(1.51) per share, an improvement from $(2.02) per share last year. However, the company's quarterly sales of $89.50 million missed the analyst consensus estimate of $91.86 million by 2.57 percent, marking a 12.34 percent decrease from the same period last year.
September 06, 2023 | 11:02 am
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Kirkland's Q2 earnings show a decrease in losses per share but a miss on sales estimates.
Kirkland's reported an improvement in its losses per share, which is a positive sign. However, the company missed its sales estimates, which is a negative indicator. The decrease in sales YoY also suggests a potential slowdown in the company's growth, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100