Pier 1 Imports (PIR) Reports In-Line Q1 EPS; Comps Rose 2%

Pier 1 Imports (NYSE: PIR) reported Q1 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $432 million versus the consensus estimate of $434.53 million.

Company comparable sales increased 2.0% (2.8% on a constant currency basis).

Pier 1 Imports reaffirmed FY2016 guidance.

PIR sees Q2 EPS of $0.07 - $0.08 and comparable sales growth, which includes e-Commerce, of 4% to 5%. Consensus estimates are looking for Q2 EPS of $0.08.

For earnings history and earnings-related data on Pier 1 Imports (PIR) click here.

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