PIR Reports Same-Store Sales, Guides In-Line

Pier 1 Imports (NYSE: PIR) reported that sales for the four-week period ended August 27, 2005 aggregated $128,742,000, a decline of 8.3% from $140,423,000, and comparable store sales declined 12.4%. PIR guides in-line for Q2 earnings, seeing a loss between $0.12-0.14 per share vs. analysts estimates of -$0.13 per share.

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