Kirkland's, Inc. (NASDAQ:KIRK) Q3 2022 Earnings Conference Call December 2, 2022 9:00 AM ET

Company Participants

Cody Cree - Director of IR

Steven Woodward - President and CEO

Mike Madden - EVP and CFO

Conference Call Participants

Anthony Lebiedzinski - Sidoti & Company

Jeremy Hamblin - Craig-Hallum Capital Group

John Lawrence - The Benchmark Company

Operator

Good morning, everyone, and thank you for participating in today's conference call to discuss Kirkland's financial results for the Third Quarter ended October 29, 2022. Joining us today are Kirkland's President and CEO, Steve "Woody" Woodward; EVP and CFO, Mike Madden; and the company's External Director of Investor Relations, Cody Cree. Following their remarks, we'll open with the call for your questions.

Before we go further, I would like to turn the call over to Mr. Cree as he reads the company's safe harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995 that provides important cautions regarding forward-looking statements. Cody, please go ahead.

Cody Cree

Thanks, Jason. Except for historical information discussed during this conference call, the statements made by company management are forward-looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Kirkland's actual results and future periods to differ materially from forecasted results. Those risks and uncertainties are more fully described in Kirkland's filings with the Securities and Exchange Commission.

I'd like to remind everyone this call will be available for replay through December 9, 2022. A webcast replay will also be available via the link provided in today's press release, as well as on the company's website at kirklands.com. Now I'd like to turn the call over to Kirkland's Home President and CEO, Woody Woodward. Woody, over to you.

Steven Woodward

Thank you, Cody, and good morning, everyone. We continue to operate our business in one of the more dynamic and unpredictable macro environments I've ever experienced in my career. From a global pandemic to geopolitical unrest to inflationary and recessionary pressures, the challenges we faced over the past few years have been tough. That being said, I'm proud of how resilient our organization has become at adapting to these challenges.

As we head into 2023, I firmly believe we're on track for a more stable year that will allow us to advance our transformation efforts. Before I address our strategic priorities for 2023, I'd like to discuss our third quarter. While volatility within the consumer environment made it difficult to predict sales patterns heading into the quarter, our financial results were generally in line with our internal expectations.