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Kirkland's Q2 profit slips

8/20/2010

Nashville, Tenn. Kirkland's reported Friday that its second-quarter net income dipped 6% to $3.3 million, compared with net income of $3.4 million in the year-ago period.

Revenue rose 2%, to $89.5 million, from $87.7 million. Same-store sales edged up 1%.

The home retailer said customers are looking harder for bargains and they are more cautious because unemployment is high. Merchandise delivery delays and greater freight costs also hurt results.

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