Breaking News

Tweet TWEET

Kirkland's CEO Robert Alderson Takes Temporary Medical Leave of Absence

  Kirkland's CEO Robert Alderson Takes Temporary Medical Leave of Absence

Business Wire

NASHVILLE, Tenn. -- November 20, 2012

Kirkland's, Inc. (NASDAQ: KIRK) today announced that Robert Alderson, the
Company’s President and Chief Executive Officer, will take a temporary medical
leave of absence, effective November 26, 2012. Mike Madden, the Company’s
Senior Vice President and Chief Financial Officer, will assume the additional
responsibilities of acting President and Chief Executive Officer in Mr.
Alderson’s absence. The Company fully expects Mr. Alderson to resume his
duties as President and Chief Executive Officer after an approximate 6- to
8-week recovery period from a non-emergency medical procedure.

Kirkland's, Inc. was founded in 1966 and is a specialty retailer of home décor
in the United States. Although originally focused in the Southeast, the
Company has grown beyond that region and currently operates 313 stores in 33
states. The Company's stores present a broad selection of distinctive
merchandise, including framed art, mirrors, candles, lamps, picture frames,
accent rugs, garden accessories and artificial floral products. The Company's
stores also offer an extensive assortment of gifts, as well as seasonal
merchandise. More information can be found at www.kirklands.com.

Except for historical information contained herein, the statements in this
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which may cause
Kirkland's actual results to differ materially from forecasted results. Those
risks and uncertainties include, among other things, the competitive
environment in the home décor industry in general and in Kirkland's specific
market areas, inflation, product availability and growth opportunities,
seasonal fluctuations, and economic conditions in general. Those and other
risks are more fully described in Kirkland's filings with the Securities and
Exchange Commission, including the Company's Annual Report on Form 10-K filed
on April 12, 2012. Kirkland's disclaims any obligation to update any such
factors or to publicly announce results of any revisions to any of the
forward-looking statements contained herein to reflect future events or
developments.

Contact:

Kirkland's, Inc.
W. Michael Madden, 615-872-4800
Senior Vice President & CFO
or
Corporate Communications, Inc.
Tripp Sullivan, 615-324-7335
 
Press spacebar to pause and continue. Press esc to stop.