Pier 1 Imports (PIR) Tops Q4 EPS by 2c; Sales Miss, Comps Fall 7.5%
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Price: $3.56 --0%
Financial Fact:
Total nonoperating (income) expense: 2.56M
Today's EPS Names:
SFST, VLTO, CLIR, More
Financial Fact:
Total nonoperating (income) expense: 2.56M
Today's EPS Names:
SFST, VLTO, CLIR, More
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Pier 1 Imports (NYSE: PIR) reported Q4 EPS of $0.21, $0.02 better than the analyst estimate of $0.19. Revenue for the quarter came in at $512.2 million versus the consensus estimate of $537.62 million.
- Net sales decreased 3.1% to $512.2 million, which includes approximately $27.5 million from the 14th week in the Company’s fiscal 2018 fourth quarter;
- Company comparable sales on a 13-week basis decreased 7.5%;
- E-Commerce sales penetration reached approximately 25%; and
- Earnings per share of $0.19 (GAAP) and adjusted earnings per share of $0.21 (non-GAAP), including an estimated benefit of approximately $0.04 per share from the 14th week in the Company’s fiscal 2018 fourth quarter.
For earnings history and earnings-related data on Pier 1 Imports (PIR) click here.
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