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Kirkland’s stock loses half its value, as trade war leads to cut in earnings outlook

Tomi Kilgore
Kirkland’s stock loses half its value, as trade war leads to cut in earnings outlook

Shares of Kirkland’s Inc. plummeted Thursday toward the lowest close in more than a decade, after the home decor retailer reported a wider-than-expected loss, sales that fell more than forecast, and cut its full-year profit outlook, as the ongoing trade war takes a bite.