Kirkland’s, Inc. (KIRK) shares plummeted 7.09% in the pre-market session on Tuesday, June 17, 2025, dropping to $1.18 from the previous day’s close of $1.27.
The steep decline came after the company released its Q1 2025 financial results before the market opened.
Kirkland’s reported revenue of $81.5 million, missing analyst estimates of $85.6 million.
This revenue figure marks an 11.2% decrease compared to $91.75 million recorded in the same quarter last year.
Adjusted earnings revealed a loss of $0.54 per share, wider than the expected loss of $0.47.
However, this represents an improvement from the $0.68 loss per share reported in the prior year.
