Kirkland’s Q3 Comps Gain As Loss Narrows

As it welcomed a new CEO and battled higher freight and store occupancy costs, Kirkland’s posted a narrower net loss as its comps gained in the third quarter. 

Conn’s Comps Tumble In Q4

In the fourth quarter, ended January 31, when it emphasized margin over sales growth, Conn’s recorded a net loss of $74,000, or $0 per diluted share, versus net income of $1.1 million, or three cents per diluted share, in the year-previous period.

Rent-A-Center Reports Bumpy Q4

Although the company could not post GAAP net or per diluted per share loss as it determines income tax effects of goodwill impairment, Rent-A-Center reported that its fourth quarter loss before income taxes was $170.9 million versus $1.13 billion loss in the period a year prior including a $1.17 billion goodwill impairment charges taken in the core business segment in the United States.

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