Pier 1 Imports (PIR) Dec. Comps Rose 8.2%

Pier 1 Imports (NYSE: PIR) reported that company comparable sales for the five-week period ended January 3, 2015 increased 8.2% compared to the five-week period ended January 4, 2014.

“We are pleased with our December sales performance,” said Alex W. Smith, President and Chief Executive Officer. “Traffic to the brand was up nicely and sell-through on our holiday assortments was on plan. We are in the midst of our clearance efforts and beginning the transition to fresh spring looks in-store and online -- we believe the business is well-positioned as we head into the early spring selling season.”

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