BNET Industries

Market Cap:$309.7M
Last Fiscal Year Sales:$391.2M
  • Public
  • US
Dow Jones Description

Kirkland's Home is a leading specialty retailer of home decor in the United States, operating over 340 stores in 37 states. Kirkland's Home was co-founded in 1966 by our current Chairman Emeritus, Carl Kirkland. We opened our first store in Jackson, Tennessee and have grown steadily thereafter. Our stores present a broad selection of distinctive merchandise, including framed art, mirrors, candles, lamps, picture frames, accent rugs, garden accessories and artificial floral products. Our stores also offer an extensive assortment of holiday merchandise, as well as items carried throughout the year suitable for giving as gifts. We provide our customers an engaging shopping experience characterized by a diverse, ever-changing merchandise selection at surprisingly attractive prices. Our stores offer a unique combination of style and value that has led to our emergence as a leader in home decor and has enabled us to develop a strong customer loyalty.

President and Chief Executive Officer, and Director (Principal Executive Officer)
Robert E. Alderson
Number of Employees 3,455
Contact Information

805 N Parkway

Jackson, Tennessee 38305

kirklands.com

(731) 668-2444

NAICS Code Gift, Novelty, and Souvenir Stores: 453220

Recent Events

  • Kirklands Inc.

    11/21/09 - Financial Announcement - View Story

News & Analysis

kirkland's inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Robert E. Alderson President and Chief Executive Officer, and Director (Principal Executive Officer)
Andrew P. Gallina Chief Marketing Officer
Catherine A. David Coo
Michael M. Madden Senior Vice President, CFO
Michael W. Madden CFO & Senior Vice President
Reynolds C. Faulkner CFO & Executive Vice President
Rob Janes CIO
W Michael Madden V.P. & Chief Financial Officer
Roland Mackie Senior Vice President, Real Estate & Dev
Todd A. Weier Senior Vice President, Logisitics
Anthony J. Debruno Vice President, Planning & Allocation
Lowell E. Pugh General Counsel, Secretary & Vice President
Mark Krebs Vice President, Mdsg, Planning & Allocation
Michelle R. Graul Vice President, Human Resources
Phil Rogers Vice President, Info Services
Sharyn M. Hejcl Vice President & General. Merchandising Mngr.
Todd E. Smith Vice President, Finance
Christine Treganowan Interim General Manager, Mdsg
David Mussafer Managing Director of Advent International, A Private Equity Investment Firm.
Wilson Orr Managing Director
Robert Walker Owner
Kevin Bryant Director, Marketing
Micheline Prescott Project Manager
Gabriel Gomez Principal of Advent International, A Private Equity Investment Firm.
Philip C Timon

Board of Directors

Name (plus bio) Position
R. Wilson Orr Chairman
Alexander S. McGrath Board of Directors
Carl T. Kirkland Board of Directors
John P. Oswald Board of Directors
Miles Kirkland Board of Directors
Murray M. Spain Board of Directors
Ralph T. Parks Board of Directors
Steven J. Collins Board of Directors

Mr. Alderson has been a Director of Kirkland’s since September 1986 and has been Chief Executive Officer of Kirkland’s since February 2006. He also served as Chief Executive Officer of Kirkland’s from March 2001 to May 2005. He currently serves as President of Kirkland’s, and he also served as President from February 2006 to March 2006 and as President from November 1997 to May 2005. He served as Chief Operating Officer of Kirkland’s from November 1997 through March 2001 and as Senior Vice President of Kirkland’s since joining in 1986 through November 1997. He also served as Chief Administrative Officer of Kirkland’s from 1986 to 1997. Prior to joining Kirkland’s, Mr. Alderson was a senior partner at the law firm of Menzies, Rainey, Kizer & Alderson.

Organization Position Status
Kirkland's Inc. President and Chief Executive Officer, and Director (Principal Executive Officer) Current
Kirkland's Inc. Director Current
Kirkland's Inc. Chief Operating Officer Former
Kirkland's Inc. Senior Vice President Former

Organization Position Status
Kirkland's Inc. Chief Marketing Officer Current
Kirkland's Inc. Vice President Current

Organization Position Status
Kirkland's Inc. Coo Current
Kirkland's Inc. President Former
Burnes Group President Former
Target Corporation Vice President Former
Target Corporation General Manager Former

Organization Position Status
Kirkland's Inc. Senior Vice President, CFO Current
Kirkland's Inc. CFO & Vice President, Finance Current

W. Michael Madden, 39, has been Senior Vice President and Chief Financial Officer since January 2008 and Vice President and Chief Financial Officer since May 2006. Prior to his appointment as Chief Financial Officer, Mr. Madden served as Vice President of Finance from May 2005 to April 2006. Prior to May 2005, he served as Director of Finance since July 2000. Prior to joining Kirkland’s, Mr. Madden served as Assistant Controller with Trammell Crow Company and was with PricewaterhouseCoopers LLP. At PricewaterhouseCoopers, LLP, he served in positions of increasing responsibility over six years culminating as Manager-Assurance and Business Advisory Services where he worked with various clients, public and private, in the retail and consumer products industries.

Organization Position Status
Kirkland's Inc. CFO & Senior Vice President Current
Kirkland's Inc. V.P. & Chief Financial Officer Current

Organization Position Status
Kirkland's Inc. CFO & Executive Vice President Current
Kirkland's Inc. Executive Vice President, CFO Current

Organization Position Status
Kirkland's Inc. CIO Current
Kirkland's Inc. Vice President, Information Services Current

W. Michael Madden, 38, has been Senior Vice President and Chief Financial Officer since January 2008 and Vice President and Chief Financial Officer since May 2006. Prior to his appointment as Chief Financial Officer, Mr. Madden served as Vice President of Finance since May 2005. Prior to May 2005, he served as Director of Finance since July 2000. Prior to joining Kirkland s, Mr. Madden served as Assistant Controller with Trammell Crow Company and was with PricewaterhouseCoopers LLP. At PricewaterhouseCoopers, LLP, he served in positions of increasing responsibility over six years culminating as Manager-Assurance and Business Advisory Services where he worked with various clients, public and private, in the retail and consumer products industries. No family relationships exist among any of the above-listed officers, and there are no arrangements or understandings between any of the above-listed officers and any other person pursuant to which they serve as an officer. All officers are elected to hold office for one year or until their successors are elected and qualified.

Organization Position Status
Kirkland's Inc. V.P. & Chief Financial Officer Current

Organization Position Status
Kirkland's Inc. Senior Vice President, Real Estate & Dev Current

Organization Position Status
Kirkland's Inc. Senior Vice President, Logisitics Current

Organization Position Status
Kirkland's Inc. Vice President, Planning & Allocation Current

Organization Position Status
Kirkland's Inc. General Counsel, Secretary & Vice President Current
Kirkland's Inc. Secretary Current
Kirkland's Inc. General Counsel Former

Organization Position Status
Kirkland's Inc. Vice President, Mdsg, Planning & Allocation Current

Organization Position Status
Kirkland's Inc. Vice President, Human Resources Current

Organization Position Status
Kirkland's Inc. Vice President, Info Services Current

Sharyn Hejcl , 42, joined Kirkland s as Vice President and General Merchandise Manager in January, 2007. Prior to joining Kirkland s, from 2003 to 2007, Ms. Hejcl was employed with Bed, Bath and Beyond leaving as Divisional Merchandise Manager of the Home Decor and Tabletop division. Prior to that, she was Director of Replenishment & Forecasting for Jo-Ann Stores. She also served as Divisional Merchandise Manager for Jo-Ann Stores. She began her retail career at May Department Stores spending 13 years with increasing responsibilities in buying and serving as a Market Representative in the Decorative Housewares and Home Textile divisions. No family relationships exist among any of the above-listed officers, and there are no arrangements or understandings between any of the above-listed officers and any other person pursuant to which they serve as an officer. All officers are elected to hold office for one year or until their successors are elected and qualified.

Organization Position Status
Kirkland's Inc. Vice President & General. Merchandising Mngr. Current
Jo-Ann Stores, Inc. Director, Replenishment& Forecasting Former
Kirkland's Inc. General Merchandising Manager Former
Bed Bath & Beyond Inc. Divisional Merchandise Manager, Home Décor and Tabletop Division Former
May Department Stores Former

Organization Position Status
Kirkland's Inc. Vice President, Finance Current
Kirkland's Inc. Controller Current

Organization Position Status
Kirkland's Inc. Interim General Manager, Mdsg Current

Organization Position Status
Kirkland's Inc. Managing Director of Advent International, A Private Equity Investment Firm. Current
Advent International Corporation Managing Director Current
Advent International Corporation MD Current
Making Memories Former
American Radiology Services Incorporated Former
Island Ecn Former
Contact East Inc. Former
Kirkland's Inc. Board of Directors Current

Organization Position Status
Kirkland's Inc. Managing Director Current
SSM Ventures Managing Partner Current
Kirkland's Inc. Director Current
Employease, Inc. Director Current
Direct General Corporation Director Former
Vanderbilt University Bachelor's degree in Economics Former

Organization Position Status
Kirkland's Inc. Owner Current
Kirkland's Inc. Board of Directors Current

Organization Position Status
Kirkland's Inc. Director, Marketing Current

Organization Position Status
Kirkland's Inc. Project Manager Current

Mr. Gomez has served as a director of Kirkland s, Inc. since June 2006. Since 2004, Mr. Gomez has been a Principal with Advent International, one of our principal shareholders. Before joining Advent, he spent three years with the private equity firm Summit Partners and four years with the investment bank Bowles Hollowell Connor. Prior to that, Mr. Gomez served over eight years in the U.S. Navy as a Navy SEAL Commander and as a Navy Pilot. He received a B.S. in Systems Engineering from the U.S. Naval Academy in 1987 and an M.B.A. from Harvard Business School in 1997.

Organization Position Status
Kirkland's Inc. Principal of Advent International, A Private Equity Investment Firm. Current
Advent International Corporation Principal Current
Johns Hopkins Hospital Former
Americus Dental Labs, Inc. Former
Summit Partners Former
American Radiology Services Incorporated Former
Kirkland's Inc. Board of Directors Current
United States Naval Academy BS in systems engineering Former

Organization Position Status
Kirkland's Inc. Current

Organization Position Status
Ssm Partners General Partner Current
Kirkland's Inc. Chairman Current
Kirkland's Inc. Board of Directors Former

Organization Position Status
Kirkland's Inc. Board of Directors Current

Organization Position Status
Kirkland of Chattanooga Inc. Chairman Current
Kirkland's Inc. Board of Directors Current
Kirkland's Inc. Chairman Emeritus, Board of Directors Former

Organization Position Status
Kirkland's Inc. Board of Directors Current

Since 2007, Mr. Kirkland has been a Senior Research Analyst and Associate Portfolio Manager with Mastrapasqua Asset Management, a private asset management firm. He joined Mastrapasqua Asset Management in 2000 as a Research Analyst. Before joining Mastrapasqua, he spent three years working with Kirkland’s in store operations. He received a B.A. in English from The University of the South in 1994 and an M.B.A. from Vanderbilt University Owen Graduate School of Management in 2000.

Organization Position Status
Kirkland's Inc. Board of Directors Current

Mr. Spain was the co-founder of Dollar Express, Inc. and acted as its President and Chief Operating Officer from its inception in 1961 until May 2000, when Dollar Express merged with Dollar Tree Stores, Inc. At that time, Dollar Express was a chain of 126 retail stores in five states.

Organization Position Status
Kirkland's Inc. Board of Directors Current
Kirkland's Inc. President and Co-Founder of World Wide Basics, An Importer of General Merchandise. Former

Ralph T. Parks, age 62, has been a Director since June 2002. Mr. Parks was named the current interim CEO of Heelys, Inc., a global distributor of action youth footwear, in February 2008. Prior to Heelys, he worked at FOOTACTION USA from 1987 to 1999, when he retired as President and Chief Executive Officer. Mr. Parks served two terms as Chairman of the National Sporting Goods Association Board of Directors and was inducted into the Sporting Goods Industry Hall of Fame in May 2000. Mr. Parks also serves on the Board of Directors of Kirkland’s and is a member of its Audit Committee and serves on the Board of Directors of Heelys.

Organization Position Status
Hibbett Sports, Inc. Board of Directors Current
Heelys, Inc Board of Directors Current
Kirkland's Inc. Board of Directors Current
Footaction USA President & CEO Former
Heelys, Inc Interim CEO and Director Former
Kirkland's Inc. President of Rt Parks, Inc. Former

Organization Position Status
Advent International Corporation Partner Current
Lululemon Current Class II Director Current
Advent Inc. Investment Analyst Current
Wharton Finance Conference Principal, Advent International Current
Lululemon Board of Directors Current
Kirkland's Inc. Board of Directors Current
Kirkland's Inc. Chief Financial Officer Former
Advent International Corporation Portfolio Manager Former
Advent International Corporation Principal Former
Harvard Business School MBA Former
Wharton Graduate School of the University of Pennsylvania B.S. Former
advertisement
     KIRK $15.72 +2.44 (18.37% )
Average Volume 321,564
Shares Outstanding 19.69M
Market Cap 309.6M
Year High 15.75
Year Low 1.75
Earnings Per Share 1.03
P/E Ratio 15.26
Dividend N/A
Yield N/A
advertisement