Kirkland's Inc. (KIRK) reported first quarter net income of $0.10 per share Friday morning, down from $0.15 per share in the previous year. The consensus estimate was for EPS of $0.10. The company expects to report a second quarter loss of $0.11 to $0.07 and a profit of $0.87 to $0.97 for the full year.
Kirkland's gapped open lower Friday and dropped sharply in early trade. The stock settled into a range for the majority of the day and closed down by 2.19 at $10.66 on above average volume. Kirkland's has been on a downward trend for the last month and a half and set a 7-month low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.