Pier 1 Imports, Inc. (PIR) Misses Q2 EPS by 2c; Cuts FY13 Outlook

September 19, 2013 6:28 AM EDT
Pier 1 Imports, Inc. (NYSE: PIR) reported Q2 EPS of $0.19, $0.02 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $395.6 million versus the consensus estimate of $404.64 million.

Comparable store sales increased 3.5 percent.

Sees FY13 EPS of $1.23-$1.29, versus prior guidance of $1.27-$1.32 and the consensus of $1.31. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) growth in the range of 12% to 16%, versus previous guidance of 15 percent to 18 percent.

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


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