Kirklands appoints Andrea Courtois as CFO amid transformation

NASHVILLE - Kirkland’s, Inc. (NASDAQ:KIRK) announced Tuesday that Andrea Courtois will join as SVP, Chief Financial Officer effective July 21, succeeding Mike Madden, who will remain in an advisory role until August 15 before pursuing other opportunities. The appointment comes at a crucial time for the company, which according to InvestingPro data, faces significant financial challenges with a market capitalization of just $24.26 million and considerable debt obligations.

The appointment comes as part of a series of leadership changes as the specialty home décor retailer continues its strategic transformation into The Brand House Collective, Inc., a multi-brand merchandising, supply chain and retail operator. With revenue of $431.11 million in the last twelve months and an InvestingPro Financial Health rating of "WEAK," the transformation comes at a critical juncture for the company’s future.

Courtois brings over 20 years of financial expertise in specialty retail, with experience in strategic financial planning and inventory management. She most recently served as Vice President of Financial Planning and Analysis at Francesca’s, following roles at La Senza, Lane Bryant, and Lands’ End.

The company also announced that Michael Sheridan joined as SVP, General Counsel & Corporate Secretary on June 30, while Mandy Gauldin has been promoted to VP, Talent & Culture after eight years with the company.

"Today’s leadership announcements reflect continued momentum in advancing our transformation," said Amy Sullivan, CEO of Kirkland’s, in a press release statement. "We are building a disciplined, performance-led, multi-brand operating model designed to scale profitably."

The leadership changes support Kirkland’s evolution as it positions itself to lead brick-and-mortar strategy for its own Kirkland’s Home brand along with Beyond, Inc.’s portfolio of home brands including Bed Bath & Beyond, Overstock and buybuy Baby.

Kirkland’s currently operates 312 stores across 35 states in addition to its e-commerce platform. The company’s stock has faced significant headwinds, declining by 33% over the past six months, though InvestingPro analysis suggests the stock may be slightly undervalued at current levels. For deeper insights into Kirkland’s financial health and future prospects, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.

In other recent news, Kirkland’s Inc. has reported its fourth-quarter 2025 earnings, which showed an adjusted earnings per share (EPS) of $0.54, missing the forecasted $0.59. Revenue also fell short of expectations, coming in at $148.9 million against a projection of $150.09 million, marking a decline from $165.9 million year-over-year. The company did not provide formal guidance for upcoming quarters, citing economic uncertainties, but emphasized its focus on store conversions and new product lines. Kirkland’s is undergoing a rebranding effort to become The Brand House Collective, Inc., managing a portfolio that includes Bed Bath & Beyond, Overstock, and buybuy Baby. As part of this transformation, the company plans to reduce its store footprint from 313 to approximately 290 locations. The company has also appointed four new directors to its board and is testing new store concepts for its Overstock brand. These developments highlight Kirkland’s strategic initiatives amid broader challenges in consumer sentiment and spending.

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