Pier 1 Imports (PIR) Tops Q4 EPS by 3c; Comps Up 5.7%

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Go back to Pier 1 Imports (PIR) Tops Q4 EPS by 3c; Comps Up 5.7%

Pier 1 Imports, Inc. Reports Fourth Quarter and Fiscal Year 2015 Financial Results

April 8, 2015 4:05 PM EDT

Provides Q1 and Fiscal Year 2016 Financial Guidance; Announces Real Estate Optimization Initiative

FORT WORTH, Texas--(BUSINESS WIRE)-- Pier 1 Imports, Inc. (NYSE: PIR) today reported financial results for the fourth quarter and fiscal year ended February 28, 2015.

Fiscal 2015 Key Financial Metrics

Total sales increased 5.3% (5.8% on a constant currency basis); Company comparable sales rose 4.7% (5.2% on a constant currency basis); E-Commerce sales represented 11% of total sales; Gross profit of $749.7 million, or 40.2% of total sales; Merchandise margin of $1.081 billion, or 58.0% of total... More