Pier 1 Imports, Inc. (PIR) Misses Q1 EPS by 4c; Comps Up 6.3%

Pier 1 Imports, Inc. (NYSE: PIR) reported Q1 EPS of $0.16, $0.04 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $419.1 million versus the consensus estimate of $422.43 million.

Company comparable sales increased 6.3% during the first quarter, attributable to increases in total brand traffic, conversion and higher average ticket.

Pier 1 sees FY2014 EPS of $1.14 - $1.22, versus the consensus of $1.21. Company comparable sales growth, which includes e-Commerce, in the high-single digits;

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

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