On Nov. 17, Kirkland's
- Sales increased by 6.2% to $95.8 million, but the comparable store sales decreased by 6.7%, mainly because of fewer transactions.
- During the quarter the company opened 17 stores and closed three stores. It expects to open 13 new stores and close 20 additional stores in the fourth quarter.
- Kirkland's doesn't meet our size criteria for CAPS. But that shouldn't stop you from checking out other companies in our new rating service.
(Figures in thousands, except per-share data)
Income Statement Highlights
Q3 2006 |
Q3 2005 |
Change |
|
---|---|---|---|
Sales |
$95,802 |
$90,200 |
6.2% |
Net Profit |
($2,933.0) |
($2,479.0) |
N/A |
EPS |
($0.15) |
($0.13) |
N/A |
Diluted Shares |
19,444 |
19,336 |
0.6% |
Get back to basics with a look at the income statement.
Margin Checkup
Q3 2006 |
Q3 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
30.1% |
28.5% |
1.6 |
Operating Margin |
(5.3%) |
(4.5%) |
(0.7) |
Net Margin |
(3.1%) |
(2.8%) |
(0.3) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q3 2006 |
Q3 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$381 |
$463 |
(17.7%) |
Accounts Rec. |
$0.0 |
$0.0 |
N/A |
Inventory |
$63,138 |
$57,811 |
9.2% |
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
---|---|---|---|
Accounts Payable |
$33,624 |
$35,476 |
(5.2%) |
Long-Term Debt |
$0.0 |
$0.0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
The cash flow statement must be stuck between some pillows or behind a print. They'll find it before the 10-Q.
Find out why Fools always follow the money.
Related Companies:
-
Pier 1
(NYSE:PIR) -
Cost Plus
(NASDAQ:CPWM) -
Bombay Company
(NYSE:BBA)
Related Foolishness:
It's been a bad year for Kirkland's, but it could still be a good year for your portfolio. Get powerful investing advice with a 30-day free trial to the Foolish newsletter of your choice.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.