The Brand House Collective Q2 2025 Financial Results and Business Update
The Brand House Collective, Inc. (formerly Kirkland's, Inc.) reported its financial results for the second quarter of fiscal 2025, ending August 2, 2025. The company announced a net loss of $20.2 million, compared to a net loss of $14.5 million in the prior year quarter. Net sales declined to $75.8 million from $86.3 million, driven by a 9.7% drop in consolidated comparable sales and a 5% reduction in store count. The company also highlighted recent business developments, including the successful grand opening of its first Bed Bath & Beyond Home store in Nashville, TN, and the sale of the Kirkland's Home intellectual property to Bed Bath & Beyond, Inc. for $10 million. Additionally, the company expanded its credit agreement with Bed Bath & Beyond by $20 million to support operations and store conversions. The company plans to convert all Kirkland's Home stores into Bed Bath & Beyond stores over the next 24 months and is exploring wholesale opportunities for Kirkland's Home.