Tag Archives: Robert Alderson

Kirkland’s Q2 Loss Widens; Madden to Succeed Alderson as CEO


NASHVILLE, Tenn.-Kirkland’s second-quarter net loss rose from $577,000 last year to $1.1 million this year, in spite of a gain in sales. The retailer also announced several management moves, including the promotion of W. Michael Madden, senior vice president and chief financial officer, to president and chief operating officer. Madden has also been slated toMore »

Last updated: August 21, 2014

Kirkland’s Q1 Net Jumps 15.9 Percent


NASHVILLE, Tenn.-Strong sales both in stores and online helped Kirkland’s grow its first-quarter net income by 15.9 percent to $2.1 million. Net sales totaled $108.3 million, up 6.9 percent and including a 5 percent gain in same-store sales in the quarter, which ended on May 3. The comparable-store number included e-commerce sales. Robert Alderson, Kirkland’sMore »

Last updated: May 22, 2014

Kirkland’s Net Down for Q4, Up for FY


NASHVILLE, Tenn.-A downtick in sales and a heavier expense load resulted in a 13.5 percent decline in net income for Kirkland’s in its fourth quarter, to $12.3 million. For the fiscal year ending on Feb. 1, Kirkland’s posted net income of $14.5 million, up 5.3 percent from the prior fiscal year. Net sales in theMore »

Last updated: March 14, 2014

Q4 Sales Down, Comps Flat for Kirkland’s


NASHVILLE, Tenn.-Tough weather conditions and the smaller holiday season muted Kirkland’s fourth-quarter results, according to a preliminary statement on the quarter from the specialty retailer. Net sales in the quarter, which ended on Feb. 1, fell 4.2 percent to $156.1 million. Same-store sales, which included e-commerce sales, were flat compared to last year’s fourth quarter.More »

Last updated: February 7, 2014

Kirkland’s Goes from Loss to Gain in Q3


NASHVILLE, Tenn.-Accelerated, stronger product margins and increased average ticket propelled Kirkland’s to $1 million in net income for its third quarter, compared to a net loss of $416,000 in the third quarter of last year. Net sales in the quarter, which ended on Nov. 2, rose 9.8 percent to $106.1 million. Robert Alderson, Kirkland’s presidentMore »

Last updated: November 22, 2013

Kirkland’s Trims Q2 Loss


NASHVILLE, Tenn.-Stronger sales and gross margin enabled Kirkland’s to cut into its second quarter net loss, which totaled $577,000, compared to the $2 million net loss from last year’s second quarter. Net sales rose 6.7 percent to $97.1 million in the quarter, which ended on Aug. 3, and which included a same-store sales decrease ofMore »

Last updated: August 22, 2013