Brand House Collective (TBHC) AI Stock Analysis

• Market Cap: $33.24M
• Dividend Yield: N/A
• Average Volume (3M): 254.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.67
• Revenue Growth: -8.63%
• EPS Growth: 5.62%
• Country: US
• Employees: 835
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): N/A
• Shares Outstanding: 22,461,384
• 10 Day Avg. Volume: 117,147
• 30 Day Avg. Volume: 254,600
• PEG Ratio: 0.05
• Price to Book (P/B): -1.06
• Price to Sales (P/S): 0.05
• P/FCF Ratio: -0.93
• Enterprise Value/Market Cap: 6.00
• Enterprise Value/Revenue: 0.46
• Enterprise Value/Gross Profit: 1.73
• Enterprise Value/Ebitda: -18.64
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: $1.00 ▼(-17.36% Downside)

The overall stock score is primarily influenced by the company's weak financial performance, characterized by declining revenues, persistent losses, and high leverage. Technical analysis further indicates bearish momentum. While the merger with Bed Bath & Beyond and strategic initiatives provide some positive outlook, the current financial and operational challenges weigh heavily on the stock's attractiveness.

Positive Factors

Strategic Merger

The merger with Bed Bath & Beyond is expected to enhance profitability and operational efficiency, providing a stronger market position and improved customer focus.

Leadership Strength

The appointment of a seasoned leader in merchandising is likely to drive a unified product strategy, enhancing the company's competitive edge and market adaptability.

Cost-Effective Store Conversion

The capital-light approach to store conversion supports rapid scaling and efficient use of resources, potentially boosting long-term growth and profitability.

Negative Factors

Declining Revenue

A consistent decline in revenue indicates challenges in maintaining market share and customer engagement, which could hinder long-term growth prospects.

High Financial Leverage

High leverage and negative equity suggest financial instability, potentially limiting the company's ability to invest in growth and weather economic downturns.

Negative Cash Flow

Negative cash flow indicates poor cash generation, which can constrain the company's operational flexibility and ability to fund strategic initiatives.

Brand House Collective Business Overview & Revenue Model

Company Description

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, lighting, floral, housewares, outdoor, and gifts. The company operates its stores under the Kirkland's, Kirkland's Home, Kirkland's Home Outlet, Kirkland's Outlet, and Kirkland Collection names. It also operates an e-commerce website, kirklands.com. The Brand House Collective, Inc. was formerly known as Kirkland's, Inc. and changed its name to The Brand House Collective, Inc. in July 2025. The company was founded in 1966 and is based in Brentwood, Tennessee.

How the Company Makes Money

TBHC generates revenue through a diverse range of streams. Primarily, the company charges clients for its branding and marketing services on a project basis, providing customized solutions tailored to specific client needs. Additionally, TBHC may offer retainer agreements for ongoing services, allowing for more predictable revenue. The agency also generates income through partnerships with other firms, such as advertising agencies and production studios, where collaborative projects yield shared profits. Furthermore, TBHC may engage in affiliate marketing or earn commissions on sales generated through its marketing efforts for clients, contributing to its overall earnings.

Brand House Collective Financial Statement Overview

Summary

Kirkland's financial statements indicate a challenging position with declining revenues, persistent losses, and high leverage. The negative profitability margins and negative equity suggest significant operational and financial hurdles. The reliance on debt for financing alongside weak cash flows raises concerns about future solvency and growth prospects.

Income Statement

Kirkland's has seen a consistent decline in total revenue over recent periods, with a significant drop from $558 million in early 2022 to $431 million in TTM 2025. The gross profit margin stands at 26.73% TTM, which is reasonable but has been decreasing. Both EBIT and net profit margins are negative, indicating operational and profitability challenges. The continuing negative net income and decreasing revenue growth highlight ongoing financial difficulties.

Balance Sheet

The balance sheet reveals a negative stockholders' equity of $-16.22 million in TTM 2025, indicating potential solvency issues. The debt-to-equity ratio cannot be calculated due to negative equity, further emphasizing financial instability. Additionally, the equity ratio is negative, reflecting more liabilities than assets. These metrics suggest high financial leverage and a weak equity base.

Cash Flow

Kirkland's cash flow statements show negative operating cash flow and free cash flow, which have worsened over time, with TTM free cash flow at $-10.86 million. The operating cash flow to net income ratio is also negative, indicating poor cash generation relative to net losses. The company has been financing its operations primarily through debt, raising concerns about long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	431.11M	441.36M	468.69M	498.82M	558.18M	543.50M
Gross Profit	115.22M	122.01M	126.99M	119.79M	188.43M	172.38M
EBITDA	-10.70M	-7.12M	-11.94M	-25.89M	46.12M	31.92M
Net Income	-26.13M	-23.13M	-27.75M	-44.69M	22.03M	16.64M
Balance Sheet
Total Assets	225.41M	242.19M	250.57M	274.25M	331.19M	389.42M
Cash, Cash Equivalents and Short-Term Investments	3.54M	3.82M	3.81M	5.17M	25.00M	100.34M
Total Debt	168.29M	193.64M	173.79M	171.11M	152.29M	196.41M
Total Liabilities	241.63M	261.20M	247.45M	244.47M	250.06M	294.89M
Stockholders Equity	-16.22M	-19.02M	3.12M	29.77M	81.13M	94.53M
Cash Flow
Free Cash Flow	-10.86M	-21.64M	-19.25M	-26.27M	-37.91M	69.86M
Operating Cash Flow	-8.67M	-19.25M	-14.48M	-18.15M	-30.79M	78.56M
Investing Cash Flow	-2.15M	-2.35M	-4.63M	-8.06M	-7.06M	-8.49M
Financing Cash Flow	10.52M	21.62M	17.74M	6.38M	-37.49M	131.00K

Brand House Collective Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TBHC, the sentiment is Negative. The current price of 1.21 is below the 20-day moving average (MA) of 1.26, below the 50-day MA of 1.43, and below the 200-day MA of 1.37, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 39.55 is Neutral, neither overbought nor oversold. The STOCH value of 49.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TBHC.

Brand House Collective Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WINA	69 Neutral	$1.57B	39.35	―	3.10%	3.35%	1.97%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
QVCGA	53 Neutral	$75.76M	―	―	―	-7.21%	-1200.27%
FLWS	51 Neutral	$279.18M	―	-67.22%	―	-8.07%	-2206.16%
BNED	50 Neutral	$311.25M	―	―	―	1.38%	63.65%
BGFV	46 Neutral	―	―	―	―	-8.04%	-263.28%
TBHC	41 Neutral	$33.24M	-0.98	―	―	-8.63%	5.62%

Brand House Collective Corporate Events

Brand House Collective Merges with Bed Bath & Beyond

On November 24, 2025, The Brand House Collective entered into a merger agreement with Bed Bath & Beyond, which will result in The Brand House Collective becoming a wholly-owned subsidiary of Bed Bath & Beyond. This strategic acquisition aims to create a more profitable and customer-focused retailer by combining Bed Bath & Beyond’s iconic home brands with The Brand House Collective’s proven business model. The merger is expected to unlock at least $20 million in cost eliminations and improve operational efficiencies, with the transaction anticipated to close in Q1 2026, subject to shareholder approval and other customary conditions.

Brand House Collective Appoints New Chief Marketing Officer

On October 20, 2025, Brand House Collective, Inc. announced the appointment of Lisa Foley Dubois as Chief Marketing Officer. The employment agreement includes a base salary of at least $375,000, participation in bonus and incentive programs, and various benefits. The agreement outlines conditions for termination, including ‘Good Reason’ and ‘Cause,’ and includes non-competition and confidentiality clauses. This strategic appointment is expected to enhance the company’s marketing capabilities and strengthen its market position.

Brand House Collective Amends Agreements with Major Partners

On September 15, 2025, Brand House Collective, Inc. entered into significant amendments with Bed Bath & Beyond, Inc. and Bank of America, N.A., resulting in new loan commitments and adjustments to existing agreements. These changes included an increase in the purchase price for the Kirkland’s Brand from $5 million to $10 million and amendments to trademark licensing, impacting the company’s financial operations and market positioning.