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Kirkland's (Kirkland's) EBIT

: $-23.9 Mil (TTM As of Jan. 2024)
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Kirkland's's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $10.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-23.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kirkland's's annualized ROC % for the quarter that ended in Jan. 2024 was 20.75%. Kirkland's's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 23.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kirkland's's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -12.19%.


Kirkland's EBIT Historical Data

The historical data trend for Kirkland's's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kirkland's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -52.13 8.66 25.69 -42.42 -23.92

Kirkland's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.10 -10.25 -17.96 -6.52 10.82

Competitive Comparison

For the Home Improvement Retail subindustry, Kirkland's's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kirkland's EV-to-EBIT Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Kirkland's's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kirkland's's EV-to-EBIT falls into.



Kirkland's EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kirkland's  (NAS:KIRK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Kirkland's's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=43.96 * ( 1 - -2.03% )/( (208.975 + 223.319)/ 2 )
=44.852388/216.147
=20.75 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Kirkland's's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=43.272/( ( (162.161 + max(31.84, 0)) + (156.43 + max(12.531, 0)) )/ 2 )
=43.272/( ( 194.001 + 168.961 )/ 2 )
=43.272/181.481
=23.84 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 105.19 + 5.863) - (79.213 + 0 + 0)
=31.84

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 74.09 + 7.614) - (50.936 + 14.17 + 4.067)
=12.531

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Kirkland's's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-23.915/196.225
=-12.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kirkland's EBIT Related Terms

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Kirkland's (Kirkland's) Business Description

Traded in Other Exchanges
N/A
Address
5310 Maryland Way, Brentwood, TN, USA, 37027
Kirkland's Inc is a specialty retailer of home decor and gifts in the United States. Its stores provide various merchandise, including holiday decor, framed arts, furniture, ornamental wall decor, fragrance and accessories, mirrors, lamps, decorative accessories, textiles, housewares, gifts, artificial floral products, frames, clocks, and outdoor living items. Its stores also offer an assortment of holiday merchandise in seasonal periods, as well as items that are suitable for gift-giving.
Executives
W Michael Madden director, officer: President and CEO C/O KIRKLAND'S INC, 431 SMITH LANE, JACKSON TN 38301
Amy Ervin Sullivan officer: SVP, CMO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Ann E Joyce director C/O AEROPOSTALE INC, 1372 BRAODWAY 8TH FLOOR, NEW YORK NY 10018
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Diamond, Lp 10 percent owner C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Jill A. Soltau director 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Nicole Allyson Strain officer: Interim CFO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Charles Iii Pleas director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Michael A. Holland officer: Sr. VP and CTO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Miles Kirkland director C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214
Orr Wilson R Iii director C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214