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Weakness Seen in Kirkland's (KIRK) : Stock Tumbles 8.9%

Zacks Equity Research

Kirkland's Inc. (KIRK) saw a big move last session, as the company’s shares fell by nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for KIRK, as the stock is now down 10.8% in the past one-month time frame.

Kirkland's has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (no increase, 1 decrease), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

KIRK currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks in the retail sector include Mattress Firm Holding Corp. (MFRM),  Williams-Sonoma Inc. (WSM) and Advance Auto Parts Inc. (AAP). While Mattress Firm Holding carries a Zacks Rank #1 (Strong Buy), both Williams-Sonoma and Advance Auto Parts hold a Zacks Rank #2 (Buy).

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KIRKLAND'S INC (KIRK): Free Stock Analysis Report

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