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KIRK

Kirkland's

$14.03

0.08 (0.57%)

06:39
11/22/16
11/22
06:39
11/22/16
06:39

Kirkland's appoints Mike Cairnes as COO

Kirkland's is strengthening its senior leadership team to support its ongoing strategy to transform Kirkland's into a high-performing, nationally recognized home decor brand of choice. Mike Cairnes has been named EVP and COO, a new position, effective November 28, 2016. Cairnes brings 25 years of experience in home decor retailing and manufacturing to Kirkland's and will focus on improving execution and consistency across the organization. In his role as COO, Cairnes will be responsible for day-to-day operations, overseeing marketing/e-commerce, merchandising, planning & allocation, store and supply chain operations. Cairnes was most recently with Michael's Stores, where he served concurrently as president of its Aaron's Brothers retail business, since 2015, and President of its Artistree framing business, since 2007.

  • 22

    Nov

KIRK Kirkland's
$14.03

0.08 (0.57%)

02/10/16
02/10/16
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aralez (ARLZ) initiated with a Buy at Guggenheim... Atlassian (TEAM) initiated with a Neutral at Baird... CareDx (CDNA) initiated with a Buy at Janney Capital... Denison Mines (DNN) initiated with a Buy at Roth Capital... Deutsche Boerse (DBOEY) initiated with a Neutral at Exane BNP Paribas... Instructure (INST) initiated with an Outperform at Oppenheimer... Kirkland's (KIRK) initiated with a Buy at B. Riley... Mesa Labs (MLAB) initiated with a Buy at Janney Capital... Natural Grocers (NGVC) initiated with a Hold at Deutsche Bank... Nordex (NRDXF) initiated with an Overweight at Barclays... Old Line Bancshares (OLBK) initiated with a Market Perform at Keefe Bruyette... Shire (SHPG) initiated with a Neutral at Guggenheim... T2 Biosystems (TTOO) initiated with a Buy at Cantor... iRobot (IRBT) initiated with a Buy at Chardan.
08/23/16
SIDC
08/23/16
DOWNGRADE
SIDC
Neutral
Kirkland's downgraded to Neutral from Buy at Sidoti
08/24/16
RHCO
08/24/16
NO CHANGE
RHCO
Kirkland's price target lowered to $16 from $20 at SunTrust
SunTrust analyst David Magee lowered his price target on Kirkland's after the company cut its guidance. However, the analyst thinks that the company's business will rebound in 2H16 due to seasonality. He adds that the company's new stores and e-commerce operation have performed well. Magee keeps a Buy rating on the stock.
08/24/16
RILY
08/24/16
NO CHANGE
Target $15
RILY
Buy
Kirkland's price target lowered to $15 from $21 at B. Riley
B. Riley analyst Jeff Van Sinderen lowered his price target on Kirkland's to $15 from $21 after the company reported lower than expected revenue and larger than expected losses and gave below consensus guidance. Van Sinderen keeps a Buy rating on the shares, citing the company's progress with its supply chain and e-commerce as well as the expectation for a return to positive comps.

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