Kirkland''s''s Return on Invested Capital Insights
Kirkland''s (NASDAQ: KIRK ) brought in sales totaling $102.10 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 227.24%, resulting in a loss of $25.70 million. Kirkland''s collected $103.28 million in revenue during Q1, but reported earnings showed a $7.86 million loss. Why Is ROIC Significant? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and … Full story available on Benzinga.com
Kirkland''s''s Return on Invested Capital Insights
Kirkland''s (NASDAQ: KIRK ) brought in sales totaling $102.10 million during Q2 according to data provided by Benzinga Pro . However, earnings decreased 227.24%, resulting in a loss of $25.70 million. Kirkland''s collected $103.28 million in revenue during Q1, but reported earnings showed a $7.86 million loss. Why Is ROIC Significant? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and … Full story available on Benzinga.com