Pier 1 Imports (PIR) Nov Comps Down 15.3%
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Pier 1 Imports, Inc. (NYSE: PIR) November comparable store sales declined 15.3%.
Marvin J. Girouard, Pier 1's Chairman and Chief Executive Officer, commented, "Despite aggressive marketing and promotional efforts in November, our sales results in the home furnishings categories remain weak. Holiday merchandise is selling well and we expect to successfully manage overall inventories to insure that levels stay on plan, as they have from the beginning of the year."
Marvin J. Girouard, Pier 1's Chairman and Chief Executive Officer, commented, "Despite aggressive marketing and promotional efforts in November, our sales results in the home furnishings categories remain weak. Holiday merchandise is selling well and we expect to successfully manage overall inventories to insure that levels stay on plan, as they have from the beginning of the year."
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