NasdaqGS:KIRK

Stock Analysis Report

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Executive Summary

Kirkland's, Inc. operates as a specialty retailer of home décor in the United States.


Snowflake Analysis

Overvalued with worrying balance sheet.


Similar Companies

Share Price & News

How has Kirkland's's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KIRK's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

20.0%

KIRK

-1.5%

US Specialty Retail

2.3%

US Market


1 Year Return

75.3%

KIRK

-9.3%

US Specialty Retail

6.7%

US Market

Return vs Industry: KIRK exceeded the US Specialty Retail industry which returned -9.3% over the past year.

Return vs Market: KIRK exceeded the US Market which returned 6.7% over the past year.


Shareholder returns

KIRKIndustryMarket
7 Day20.0%-1.5%2.3%
30 Day93.8%-0.2%7.4%
90 Day285.2%15.8%17.9%
1 Year75.3%75.3%-8.2%-9.3%9.0%6.7%
3 Year-67.8%-67.8%30.4%24.1%36.6%27.7%
5 Year-88.5%-88.5%15.4%5.7%64.2%46.1%

Price Volatility Vs. Market

How volatile is Kirkland's's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kirkland's undervalued compared to its fair value and its price relative to the market?

0.63x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KIRK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KIRK's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KIRK is unprofitable, so we can't compare its PE Ratio to the US Specialty Retail industry average.

PE vs Market: KIRK is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KIRK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KIRK is good value based on its PB Ratio (0.6x) compared to the US Specialty Retail industry average (1.3x).


Next Steps

Future Growth

How is Kirkland's forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

39.2%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kirkland's has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Kirkland's performed over the past 5 years?

-73.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KIRK is currently unprofitable.

Growing Profit Margin: KIRK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KIRK is unprofitable, and losses have increased over the past 5 years at a rate of -73.8% per year.

Accelerating Growth: Unable to compare KIRK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KIRK is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-12.9%).


Return on Equity

High ROE: KIRK has a negative Return on Equity (-74.13%), as it is currently unprofitable.


Next Steps

Financial Health

How is Kirkland's's financial position?


Financial Position Analysis

Short Term Liabilities: KIRK's short term assets ($159.2M) exceed its short term liabilities ($121.1M).

Long Term Liabilities: KIRK's short term assets ($159.2M) do not cover its long term liabilities ($235.0M).


Debt to Equity History and Analysis

Debt Level: KIRK's debt to equity ratio (57.3%) is considered high.

Reducing Debt: Insufficient data to determine if KIRK's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: KIRK's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if KIRK's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Kirkland's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KIRK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KIRK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KIRK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KIRK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KIRK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Woody Woodward (63yo)

1.75yrs

Tenure

US$1,599,582

Compensation

Mr. Steve C. Woodward also known as Woody, serves as Chief Executive Officer at Kirkland's, Inc. since October 22, 2018 and serves as its President since January 16, 2020. He serves as President and Chief  ...


CEO Compensation Analysis

Compensation vs Market: Woody's total compensation ($USD1.60M) is above average for companies of similar size in the US market ($USD614.21K).

Compensation vs Earnings: Insufficient data to compare Woody's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Steve Woodward
President1.75yrsUS$1.60m1.07% $467.0k
Nicole Strain
Executive VP & CFO3.17yrsUS$537.85k0.20% $86.9k
Jeffrey Martin
Senior Vice President of Omni-Channel Retail0.50yrUS$658.76k0.88% $384.5k
Keith Watkins
Chief Information Officerno datano datano data
Carter Todd
General Counsel4.58yrsno datano data
Anthony Price
Vice President of Marketing3.25yrsno datano data
Gara Pryor
Vice President of Human Resources6.5yrsno datano data
John Stacy
Senior Vice President of Supply Chain0.50yrno datano data

3.2yrs

Average Tenure

54.5yo

Average Age

Experienced Management: KIRK's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steve Woodward
President1.75yrsUS$1.60m1.07% $467.0k
R. Orr
Independent Chairman14.33yrsUS$197.50k0.47% $207.4k
Charlie Pleas
Independent Director4.08yrsUS$141.25k1.02% $444.4k
Steven Collins
Independent Director15.67yrsUS$136.25k0.48% $209.7k
Susan Lanigan
Independent Director4.08yrsUS$143.35k0.40% $176.1k
Christopher Shimojima
Independent Director2.33yrsUS$128.75k0.27% $119.9k
Miles Kirkland
Independent Director11.58yrsUS$128.75k0.83% $361.3k
Jeffery Owen
Independent Director5.33yrsUS$138.75k0.33% $144.9k

4.7yrs

Average Tenure

56yo

Average Age

Experienced Board: KIRK's board of directors are considered experienced (4.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: KIRK insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kirkland's, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kirkland's, Inc.
  • Ticker: KIRK
  • Exchange: NasdaqGS
  • Founded: 1966
  • Industry: Homefurnishing Retail
  • Sector: Retail
  • Market Cap: US$43.725m
  • Shares outstanding: 14.01m
  • Website: https://www.kirklands.com

Number of Employees


Location

  • Kirkland's, Inc.
  • 5310 Maryland Way
  • Brentwood
  • Tennessee
  • 37027
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KIRKNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 2002
KI2DB (Deutsche Boerse AG)YesCommon StockDEEURJul 2002

Biography

Kirkland's, Inc. operates as a specialty retailer of home décor in the United States. The company’s stores provide various merchandise, including holiday décor, furniture, ornamental wall décor, decorative accessories, art, textiles, mirrors, fragrance and accessories, lamps, artificial floral products, housewares, outdoor living items, gifts, and frames. Its stores also offer an assortment of holiday merchandise in seasonal periods. The company operates its stores under the Kirkland's, Kirkland's Home, Kirkland's Home Outlet, Kirkland's Outlet, and The Kirkland Collection names. As of March 19, 2020, it operated 432 stores in 36 states, as well as an e-commerce enabled Website, kirklands.com. Kirkland's, Inc. was founded in 1966 and is headquartered in Brentwood, Tennessee. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/12 00:05
End of Day Share Price2020/07/10 00:00
Earnings2020/05/02
Annual Earnings2020/02/01


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.