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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 Form 10 - K ( Mark One ) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the fiscal year ended January 30 , 2021 □ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the transition period from to Tennessee ( State or other jurisdiction of incorporation or organization ) or Commission file number 000-49885 Kirkland's , Inc. ( Exact name of registrant as specified in its charter ) 5310 Maryland Way , Brentwood , TN ( Address of principal executive offices ) Title of each class Common Stock , no par value per share ( 615 ) 872-4800 Registrant's telephone number , including area code : Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) KIRK Securities registered pursuant to Section 12 ( g ) of the Act : ( None ) 62-1287151 ( I.R.S. Employer Identification No. ) Name of Each Exchange on Which Registered NASDAQ Global Select Market 37027 ( Zip Code ) Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , ” “ accelerated filer , ” “ smaller reporting company , ” and “ emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Non - accelerated filer Accelerated filer Smaller reporting company Emerging growth company X If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . □ As of March 15 , 2021 , there were 14,295,257 shares of the registrant's common stock outstanding . DOCUMENTS INCORPORATED BY REFERENCE Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . □ No | Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes The aggregate market value of the common stock held by non - affiliates of the registrant as of July 31 , 2020 , the last business day of the registrant's most recently completed second fiscal quarter , was approximately $ 72.5 million based on the last sale price of the common stock as reported by The Nasdaq Stock Market . Portions of the definitive Proxy Statement for the Annual Meeting of Shareholders of Kirkland's , Inc. to be held June 22 , 2021 , are incorporated by reference into Part III of this Form 10 - K .