Kirkland's, Inc. (NASDAQ:KIRK) Q3 2023 Earnings Conference Call November 30, 2023 9:00 AM ET

Company Participants

Cody Cree - Director, IR

Ann Joyce - Interim CEO

Amy Sullivan - President and COO

Mike Madden - EVP and CFO

Conference Call Participants

Jeremy Hamblin - Craig-Hallum

John Lawrence - Benchmark

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 28th, 2023.

Joining us today are Kirkland's Home Interim CEO, Ann Joyce; President and COO, Amy Sullivan; EVP and CFO, Mike Madden; and the company's External Director of Investor Relations, Cody Cree. Following their remarks, we'll open 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 Jamie. 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 provision 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 in 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 that this call will be available for replay through December 7th, 2023. 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 Interim CEO, Ann Joyce. Ann, over to you.

Ann Joyce

Thank you, Cody and good morning everyone. Before diving into our results, I want to thank all of our associates at Kirkland's for their ongoing commitment to the success of this brand. This team has spent the last several months assessing and taking corrective action across every area of the business, all while preparing for the important holiday season.

We knew these efforts weren't going to be easy as we remained up against difficult macroeconomic headwinds, but I believe the actions we've taken and the ones we are planning can return us -- this company to profitability.

Back in June, we discussed returning to the roots of the Kirkland brand, while continuing to modernize and update where appropriate and where we've seen success. The teams have worked tirelessly to make significant changes to the product, marketing, operational effectiveness, expense management, and culture, and I want to thank them for all their efforts. Our people are our greatest assets and they are experts in their fields, they believe in this brand, and they love our customer.