Pier 1 Imports (PIR) Tops Q3 EPS by 2c; Cuts FY16 Outlook

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

December 16, 2015 4:15 PM EST

Revises Fiscal Year 2016 Financial Guidance

Declares Quarterly Cash Dividend

FORT WORTH, Texas--(BUSINESS WIRE)-- Pier 1 Imports, Inc. (NYSE: PIR) today reported financial results for the third quarter ended November 28, 2015.

Third Quarter Fiscal 2016 Key Metrics

Total sales decreased 2.5% (a 1.4% decrease on a constant currency basis) to $472.5 million, compared to $484.5 million in the third quarter of fiscal 2015. Company comparable sales decreased 0.7% (a 0.5% increase on a constant currency basis) as compared to the year ago period;... More