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Pier 1 Imports Announces Same-Store Sales, Lowers Outlook

March 3, 2005 6:44 AM EST
Pier 1 Imports (NYSE: PIR) saw $525.8 million in sales for Q4, down 5.3% from last year's $555.2 million, and comparable store sales declined 10.7%. PIR sees Q4 earnings between $0.25-0.27 per share, lower than analysts estimates of $0.32.

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Earnings, Retail Sales