DALLAS, Nov. 24, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring specialty retailer Kirkland's Inc. (Nasdaq:KIRK). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The investment report on Kirkland's Incorporated (Nasdaq:KIRK) should be of particular interest to comparable specialty retailers: Bed Bath & Beyond Incorporated (Nasdaq:BBBY), Cost Plus Incorporated (Nasdaq:CPWM) and Pier 1 Imports Incorporated (NYSE:PIR).
It is available at: http://www.beaconequity.com/i/KIRK
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Kirkland's Inc. (KIRK) operates more than 291 specialty home decor stores in 32 states. The Company sells framed art, mirrors, candles, lamps, picture frames, accent rugs, garden accessories and artificial floral products.
In the report, the analyst notes:
"Record bankruptcies in the retail sector continue at a healthy clip, with the upcoming holiday season as the litmus test for hints of the next casualties in the retail space. Economists cannot point to a meaningful and sustainable source of income growth of U.S. households until the unemployment rate drops, which isn't expected until late next year, at the earliest. Previous recessions weren't accompanied by employment gains until approximately three quarters following an upturn in gross domestic product.
"KIRK posted better-than-expected third-quarter financial results, but noted that further unemployment as well as falling consumer confidence and spending concerns management. Lower markdowns, increased sales, and the strategy of moving stores off mall locations contributed to profitable third-quarter results, the Company said to Reuters."
To read the entire report visit: http://www.beaconequity.com/i/KIRK
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers striving to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com.
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.