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Kirkland’s Earnings and Guidance Fall Short

Kirkland’s Inc. (NASDAQ: KIRK) reported its fiscal third-quarter financial results before the markets opened on Thursday. The company had a net loss of $0.02 per share (EPS) on $129.2 million in revenue, which compared to consensus estimates from Thomson Reuters that call for $0.04 in earnings per share (EPS) on revenue of $131.27 million. In the same period of the previous year, the retailer posted EPS of $0.07 and $117.20 million in revenue.

In terms of guidance, the company expects to have $0.88 to $0.95 in EPS for the fourth quarter, as well as sales in the...