Pier 1 Imports (PIR) Reports In-Line Q3 EPS, Reiterates FY15 Guidance

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Pier 1 Imports (PIR) Q3 Results Encouraging, Nomura Says

December 19, 2014 9:10 AM EST

Nomura Securities analyst Jessica Schoen Mace reiterated a Buy rating and $19 price target on Pier 1 Imports (NYSE: PIR) following solid Q3 results.

Mace commented, "Pier 1 sales increased 4.1% in the third quarter to $485 million, including a comparable company sales increase of 2.5% or 3% in constant... More