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Essay heading: Kirklands vs Pier One
Essay specific features
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Business |
| Written by: |
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| Date added: |
February 15, 2000 |
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| Grade: |
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| No of pages / words: |
17 / 4606 |
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0 times |
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Essay content:
OVERVIEW OF QUARTERLY DATA 22
XI. REPORT OF INDEPENDENT AUDITORS 23
XII. MANAGEMENT’S REPORT AND ANALYSIS 24
XIII. ADDITIONAL RATIO ANALYSIS 25
XIV. DECISION BASED ON FINDINGS……………………………………….26
III. DESCRIPTION OF THE COMPANIES
KIRKLAND’s ®
Headquarters
805 North Parkway
Jackson, TN 38305
731-668-2444 Headquarters
100 Pier 1 Place
Fort Worth, TX 76102
(817) 252-8000
www...
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Annual Stockholder’s Meeting held June 20, 2008, in Fort Worth, Texas; 2009 date not provided.
Operations
As of February 3, 2007:
349 stores in 37 states
Operations
As of March 3, 2007:
1076 Pier 1 stores in the US
36 Pier 1 Kids stores in the US
84 Pier 1 stores in Canada
SWOT: Kirkland’s
Strengths
? Affordable prices
? Item focused merchandising
? Increase in gross profits of over 11%
? Broad market appeal
? Ever-changing merchandise mix
? Stimulating store visual presentation Weaknesses
? Potential store lease termination by landlords upon a change in control of Kirkland’s
? Investing activities yielded negative cash flow
? Comparable store net sales fluctuate
? Decline in stock price
Opportunities
? Approximately 650 additional locations in the US that are available to support a Kirkland’s store
? Internet purchasing Threats
? Instable economy
? Increased competition
? Dependence on foreign imports (from China and India); poor relations between the U...
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