Pier 1 Imports (PIR) Reports In-Line Q1 EPS; Comps Rose 2%

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Pier 1 Imports, Inc. Reports First Quarter Fiscal Year 2016 Financial Results

June 17, 2015 4:05 PM EDT

Q1 Diluted Earnings Per Share of $0.08;

Provides Q2 Outlook and Reiterates Fiscal Year 2016 Earnings Per Share Guidance

FORT WORTH, Texas--(BUSINESS WIRE)-- Pier 1 Imports, Inc. (NYSE: PIR) today reported financial results for the first quarter ended May 30, 2015.

Alex W. Smith, President and Chief Executive Officer, stated, We are pleased to deliver earnings per share in line with our expectations, reflecting revenue growth of 3%, as well as careful attention to expense control. E-Commerce continues to perform exceptionally well, generating strong improvement across all performance metrics,... More