Kirkland's Q2 loss widens, cuts 2012 guidance

Nashville, Tenn. -- Kirkland reported Friday a loss of $2 million in the second quarter, widened from a loss of $480,000 in the year-ago period. Revenue edged up 1% to $91 million, missing Wall Street’s expected $94.4 million in revenue.



Same-store sales declined 3.6%.



The retailer has cut its earnings and revenue outlooks for the year.