Kirkland's Inc. said its normalized net income for the fiscal third quarter ended Nov. 1 came to 7 cents per share, compared with the S&P Capital IQ consensus estimate of 3 cents per share.
EPS increased 17.3% year over year from 6 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.2 million, a gain of 17.1% from $1.1 million in the prior-year period.
The normalized profit margin climbed to 1.1% from 1.0% in the year-earlier period.
Total revenue rose 10.4% on an annual basis to $117.2 million from $106.1 million, and total operating expenses grew 10.3% on an annual basis to $115.2 million from $104.4 million.
Reported net income grew 16.5% from the prior-year period to $1.2 million, or 7 cents per share, from $1.1 million, or 6 cents per share.
