NASHVILLE, Tenn., May 23, 2017 /PRNewswire/ -- Kirkland's,
Inc. (NASDAQ: KIRK) today announced that Adam Holland, the Company's Vice President and
Chief Financial Officer, has resigned to assume a similar role with
a company in the healthcare industry. Mr. Holland will remain with
Kirkland's in his current capacity until June 14, 2017. The Company has named its
Controller, Nicole Strain, to serve
as Interim Chief Financial Officer.
Mike Madden, Kirkland's President
and Chief Executive Officer, noted, "We would like to thank Adam
for his years of dedicated service to Kirkland's, his leadership in
building a strong finance organization, and his contributions to
our Company's growth initiatives. While we will miss his valuable
partnership, we wish him great success in his new opportunity.
Nicole's previous experience as a chief financial officer, along
with the depth of our finance team, gives us the luxury of taking
the time to find the right person for our needs going forward."
Mr. Holland added, "My twelve years with Kirkland's has been
deeply rewarding on both a professional and personal level, and my
decision to accept a new career challenge was not easily made.
Kirkland's is a wonderful organization with a bright future, and I
look forward to following its progress."
About Kirkland's, Inc.
Kirkland's, Inc. was founded in
1966 and is a specialty retailer of home décor in the United States. Although originally focused
in the Southeast, the Company has grown beyond that region and
currently operates 401 stores in 36 states as well as an e-Commerce
enabled website, www.kirklands.com. The Company's stores
present a broad selection of distinctive merchandise, including
framed art, mirrors, candles, lamps, picture frames, accent rugs,
garden accessories and artificial floral products. The
Company's stores also offer an extensive assortment of gifts, as
well as seasonal merchandise. More information can be found
at www.kirklands.com.
Forward-Looking Statements
Except for historical
information contained herein, the statements in this release 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 to differ
materially from forecasted results. Those risks and
uncertainties include, among other things, the competitive
environment in the home décor industry in general and in Kirkland's
specific market areas, inflation, possibility of new tax
legislation, fluctuations in cost and availability of products,
interruptions in supply chain and distribution systems, the ability
to control employment, and other operating costs, availability of
suitable retail locations and other growth opportunities,
disruptions in information technology systems including the
potential for security breaches of Kirkland's or its customers'
information, seasonal fluctuations in consumer spending, and
economic conditions in general. Those and other risks are
more fully described in Kirkland's filings with the Securities and
Exchange Commission, including the Company's Annual Report on Form
10-K filed on March 31, 2017 and
subsequent reports. Kirkland's disclaims any obligation to
update any such factors or to publicly announce results of any
revisions to any of the forward-looking statements contained herein
to reflect future events or developments.
Contact:
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Kirkland's
|
SCR
Partners
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Adam
Holland
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Jeff Black: (615)
760-3679
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(615)
872-4800
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Tripp Sullivan: (615)
760-1104
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IR@Kirklands.com
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SOURCE Kirkland's, Inc.