Kirkland’s catalog includes everything needed for home-like furniture, art &wall decor, mirrors, lighting, home decor & pillows, bed & bath, rugs & curtains, Kitchen & dining, and other various outdoor materials. The success of the project is due to the extraordinary approach to the select...
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We saw the biggest impact from availability of inventory, throughout the quarter in wall décor, outdoor housewares and furniture categories. Wall decor hanging and furniture specifically drive a higher ticket, and the lack of inventory impacted the sales performance. We expect to be in better inv...
In addition, we saw a 44% year-over-year increase in mirrors, along with improvements in other categories like outdoor living, holiday, wall decor, frames and lamps. We believe AUR will continue to improve in many of our categories as we increase our direct sourcing and continue selling lar...
come, we ended 2021 with adjusted EBITDA of $47.8 million or 8.2% of sales. If you remove year-over-year incremental freight costs, EBITDA margin would have been 13.9% and our operating margin would have been 10.3%. Additionally, we no longer have any stores with negative four-wall EBITDA...