Earnings Call Summary | Kirkland's(KIRK.US) Q1 2024 Earnings Conference
Earnings Call Summary | Kirkland's(KIRK.US) Q1 2024 Earnings Conference
The following is a summary of the Kirkland's, Inc. (KIRK) Q1 2024 Earnings Call Transcript:
以下是柯克蘭公司(KIRK)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Kirkland's reported a Q1 net sales of $91.8 million, down from $96.9 million in the previous year.
Comparable store sales decreased by 3.5% due to a decline in the average ticket, partially offset by increases in conversion and store traffic.
Adjusted EBITDA improved by $1.3 million year-over-year, driven by gross margin expansion and disciplined expense control.
Gross profit margin increased by 280 basis points to 29.5%.
柯克蘭公佈的第一季度淨銷售額爲9180萬美元,低於去年的9,690萬美元。
由於平均門票下降,可比門店銷售額下降了3.5%,但轉化率和商店流量的增加部分抵消了這一下降。
在毛利率擴張和嚴格的支出控制的推動下,調整後的息稅折舊攤銷前利潤同比增長了130萬美元。
毛利率增長了280個點子,達到29.5%。
Business Progress:
業務進展:
Kirkland's is focused on three strategic initiatives: reengaging core customers, refocusing product assortment, and strengthening omnichannel capabilities.
Plans to optimize e-commerce by rationalizing SKUs and investing in technology enhancements.
Considering store relocations and openings in historically strong markets based on prioritized locations.
Kirkland's專注於三項戰略舉措:重新吸引核心客戶,重新聚焦產品種類,加強全渠道能力。
計劃通過合理化SKU和投資技術增強來優化電子商務。
根據優先位置考慮在歷史強勁的市場中搬遷和開設門店。
Opportunities:
機會:
Expected sales improvement with a shift to faster turning categories and aggressive focus on promotional effectiveness.
Exploring strategic opportunities with the help of Consensus, a financial advisory firm.
轉向更快的產品類別並積極關注促銷效果,預計銷售額將有所改善。
在財務諮詢公司Consensis的幫助下探索戰略機遇。
Risks:
風險:
Challenges in high-ticket item categories such as furniture, which continue to see soft demand.
Anticipated tightening conditions around ocean shipping impacting imports and driving costs higher.
傢俱等高價商品類別面臨的挑戰,需求持續疲軟。
預計海運的緊縮條件將影響進口並推動成本上漲。
More details: Kirkland's IR
更多詳情: 柯克蘭的 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。