Pier 1 Imports, Inc. (PIR) Misses Q3 EPS by 3c; Issues Q4, FY14 EPS, Growth Outlook

Pier 1 Imports, Inc. (NYSE: PIR) reported Q3 EPS of $0.25, $0.03 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $465.46 million versus the consensus estimate of $462.14 million.

Comparable store sales increased 6.9% versus last year’s increase of 7.9%; three-year cumulative comparable store sales increase of 21.8%

Sees Q4 2014 EPS of $0.60-$0.66, versus the consensus of $0.62. Total sales growth in the high single-digit range. Sees comps up in the mid single-digit range.

Sees FY2014 EPS of $1.21-$1.27, versus the consensus of $1.25. Total sales growth expected in the high single-digit range. Sees comps up in the mid single-digit range.

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

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