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

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

April 8, 2015 4:07 PM EDT

Pier 1 Imports (NYSE: PIR) reported Q4 EPS of $0.39, $0.03 better than the analyst estimate of $0.36. Revenue for the quarter came in at $543.6 million versus the consensus estimate of $548.71 million.

Company comparable sales increased 5.7% (6.4% on a constant currency basis after adjusting for a 70 basis point impact attributable to the year-over-year devaluation of the Canadian Dollar) and reflect increases in brand... More