Kirkland’s stock loses almost half its value, as trade war leads to cut in earnings outlook
June 06, 2019 at 15:41 PM EDT
Shares of Kirkland’s Inc. plummeted Thursday toward the lowest close in more than a decade, after the home decor retailer reported a wider-than-expected loss, sales that fell more than forecast, and cut its full-year profit outlook, as the ongoing trade war takes a bite.