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

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Wedbush Upgrades Pier 1 Imports (PIR) to Outperform

April 9, 2015 12:21 PM EDT

Wedbush upgraded Pier 1 Imports (NYSE: PIR) from Neutral to Outperform with a price target of $16.00 (from $13.50).

Analyst Seth Basham commented, "After two heavy omnichannel investment years and multiple operational miscues (promotion strategy, supply chain forecasting), we believe PIR is headed back on... More

Pier 1 Imports (PIR) Raises Quarterly Dividend 16.7% to $0.07; 2.2% Yield

April 8, 2015 4:12 PM EDT

Pier 1 Imports (NYSE: PIR) declared a quarterly dividend of $0.07 per share, or $0.28 annualized. This is a 16.7% increase from the prior dividend of $0.06.

The dividend will be payable on May 6, 2015, to stockholders of record on April 22, 2015, with an ex-dividend date of April 20,... More