TBHC

MKT CAP:$21M

The Brand House Collective, Inc.

Market Cap

$21M

Consumer Cyclical·Specialty Retail·🇺🇸 United States·NASDAQ

Consumer Cyc.·Specialty Retail·🇺🇸·NASDAQ

Stock Price

$0.94-$0.24 (-20.35%)

Apr 7, 2026

Company Details

The Brand House Collective, Inc. operates as a specialty retailer of home décor and furnishings in the United States. It offers holiday décor, furniture, textiles, ornamental wall décor, decorative accessories, art, mirrors, home fragrance,...

CEO

Amy A. E. Sullivan

IPO Date

Jul 30, 2002

Website

www.kirklands.com

Key Metrics TTM

Revenue

$410M

-10.6% YoY

Net Income

-$28M

EPS (Diluted)

-$1.45

Free Cash Flow

-$19M

Revenue / Share

$18.24

Gross Margin

24.1%

Operating Margin

-5.4%

Net Margin

-6.8%

FCF Margin

-4.6%

P/S

0.1x

P/E

—

Earnings Reports

Q3 2025

Dec 16, 2025

$103M-9.6%EPS -$0.16

Q2 2025

Sep 16, 2025

$76M-12.2%EPS -$0.90

Q1 2025

Jun 17, 2025

$82M-11.2%EPS -$0.90

FY 2024

May 2, 2025

$441M-5.8%EPS -$1.77

Q4 2024

May 2, 2025

$149M-10.3%EPS $0.51

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$176M	$59M	$14M
Q1 22	$103M	$28M	-$11M
Q2 22	$102M	$19M	-$22M
Q3 22	$131M	$33M	-$7M
Q4 22	$162M	$40M	-$3M
Q1 23	$97M	$26M	-$10M
Q2 23	$90M	$17M	-$18M
Q3 23	$116M	$31M	-$7M
Q4 23	$166M	$53M	$11M
Q1 24	$92M	$27M	-$8M
Q2 24	$86M	$18M	-$13M
Q3 24	$114M	$32M	-$2M
Q4 24	$149M	$45M	$9M
Q1 25	$82M	$20M	-$11M
Q2 25	$76M	$12M	-$19M
Q3 25	$103M	$21M	-$2M

Valuation

Quarter	P/S	P/E
Q4 21	0.4x	9.6x
Q1 22	0.2x	7.5x
Q2 22	0.1x	—
Q3 22	0.1x	—
Q4 22	0.1x	—
Q1 23	0.1x	—
Q2 23	0.1x	—
Q3 23	0.0x	—
Q4 23	0.1x	—
Q1 24	0.1x	—
Q2 24	0.0x	—
Q3 24	0.0x	—
Q4 24	0.0x	—
Q1 25	0.0x	—
Q2 25	0.0x	—
Q3 25	0.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$8M	$6M
Q1 22	-$44M	-$46M
Q2 22	-$12M	-$15M
Q3 22	-$2M	-$4M
Q4 22	$40M	$39M
Q1 23	-$15M	-$16M
Q2 23	-$14M	-$15M
Q3 23	-$14M	-$15M
Q4 23	$28M	$27M
Q1 24	-$14M	-$14M
Q2 24	-$13M	-$13M
Q3 24	-$13M	-$13M
Q4 24	$20M	$19M
Q1 25	-$3M	-$4M
Q2 25	-$7M	-$7M
Q3 25	-$26M	-$27M

Capital Expenditures

Quarter	CapEx
Q4 21	$2M
Q1 22	$2M
Q2 22	$3M
Q3 22	$2M
Q4 22	$1M
Q1 23	$846.0K
Q2 23	$1M
Q3 23	$1M
Q4 23	$1M
Q1 24	$770.0K
Q2 24	$423.0K
Q3 24	$460.0K
Q4 24	$737.0K
Q1 25	$568.0K
Q2 25	$458.0K
Q3 25	$901.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+20.2%	+21.4%
Q1 22	-16.4%	-5.9%
Q2 22	-11.1%	+8.1%
Q3 22	-8.8%	+2.2%
Q4 22	-7.8%	+2.2%
Q1 23	-6.2%	-6.3%
Q2 23	-12.3%	-13.2%
Q3 23	-11.1%	-10.6%
Q4 23	+2.1%	-6.3%
Q1 24	-5.3%	-7.4%
Q2 24	-3.6%	-7.4%
Q3 24	-1.7%	-5.0%
Q4 24	-10.3%	-10.0%
Q1 25	-11.2%	-7.3%
Q2 25	-12.2%	-5.1%
Q3 25	-9.6%	-9.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$346.0K	0.2%
Q1 22	$548.0K	0.5%
Q2 22	$617.0K	0.6%
Q3 22	$295.0K	0.2%
Q4 22	$501.0K	0.3%
Q1 23	$490.0K	0.5%
Q2 23	$124.0K	0.1%
Q3 23	$277.0K	0.2%
Q4 23	$295.0K	0.2%
Q1 24	$292.0K	0.3%
Q2 24	$264.0K	0.3%
Q3 24	$253.0K	0.2%
Q4 24	$233.0K	0.2%
Q1 25	$239.0K	0.3%
Q2 25	$82.0K	0.1%
Q3 25	$2.0K	0.0%

OpEx Breakdown

Quarter	G&A
Q4 21	$25M
Q1 22	$21M
Q2 22	$22M
Q3 22	$21M
Q4 22	$22M
Q1 23	$20M
Q2 23	$19M
Q3 23	$20M
Q4 23	$23M
Q1 24	$19M
Q2 24	$19M
Q3 24	$19M
Q4 24	$20M
Q1 25	$18M
Q2 25	$18M
Q3 25	$19M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 21	$25M	$0	$25M
Q1 22	$5M	$0	$5M
Q2 22	$10M	$0	$10M
Q3 22	$11M	$0	$11M
Q4 22	$5M	$0	$5M
Q1 23	$7M	$0	$7M
Q2 23	$5M	$0	$5M
Q3 23	$6M	$0	$6M
Q4 23	$4M	$0	$4M
Q1 24	$4M	$0	$4M
Q2 24	$4M	$0	$4M
Q3 24	$7M	$0	$7M
Q4 24	$4M	$0	$4M
Q1 25	$4M	$0	$4M
Q2 25	$4M	$0	$4M
Q3 25	$6M	$0	$6M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	14M	-4.5%	-9.6%
Q1 22	13M	-7.8%	-18.6%
Q2 22	13M	+1.4%	-16.0%
Q3 22	13M	+0.1%	-10.6%
Q4 22	13M	0.0%	-6.4%
Q1 23	13M	+0.2%	+1.7%
Q2 23	13M	+0.6%	+0.9%
Q3 23	13M	+0.5%	+1.3%
Q4 23	13M	+0.8%	+2.1%
Q1 24	13M	-0.5%	+1.5%
Q2 24	13M	+0.8%	+1.7%
Q3 24	13M	+0.3%	+1.5%
Q4 24	13M	-0.4%	+0.3%
Q1 25	13M	0.0%	+0.8%
Q2 25	22M	+71.9%	+71.8%
Q3 25	22M	+0.0%	+71.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$176.2K	1K
Q1 22	$103.3K	1K
Q2 22	$102.1K	1K
Q3 22	$131.0K	1K
Q4 22	$162.5K	1K
Q1 23	$96.9K	1K
Q2 23	$89.5K	1K
Q3 23	$116.4K	1K
Q4 23	$165.9K	1K
Q1 24	$101.9K	900
Q2 24	$95.9K	900
Q3 24	$127.1K	900
Q4 24	$165.4K	900
Q1 25	$97.6K	835
Q2 25	$90.8K	835
Q3 25	$123.9K	835

Revenue / Employee