Pier 1 Imports, Inc. Reports Fourth Quarter and Full-Year Fiscal 2016 Financial Results

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Morgan Stanley Remains Bearish on Pier 1 Imports (PIR) Following 4Q Results

April 14, 2016 11:41 AM EDT

Morgan Stanley maintained an Underweight rating and $4.00 price target on Pier 1 Imports (NYSE: PIR) following the company's 4Q earnings report. PIR delivered EPS of $0.23, higher than the expected EPS of $0.20. Q4 results were largely de-risked as PIR had pre-announced better comps in early March.... More

UBS Maintains Sell Rating on Pier 1 Imports (PIR) Following 4Q Earnings

April 14, 2016 8:43 AM EDT

UBS reiterated a Sell rating and $4.50 price target on Pier 1 Imports (NYSE: PIR) following the company's 4Q earnings report. PIR reported EPS of $0.23, ahead of guidance of $0.18 - $0.22. 4Q sales performance was largely driven by continued growth in its eComm channel, while store sales declined roughly -4% YoY. PIR expects... More

Pier 1 Imports (PIR) Tops Q4 EPS by 2c, Guides FY17 EPS Below Consensus

April 13, 2016 4:19 PM EDT

Pier 1 Imports (NYSE: PIR) reported Q4 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $542.3 million versus the consensus estimate of $526.76 million.

Company comparable sales rose 0.7%

GUIDANCE:

Pier 1 Imports sees FY2017 EPS of $0.42-$0.50, versus the consensus of $0.49.

Pier 1 Imports sees Q1 2017 EPS of ($0.08)-($0.04), versus the consensus of... More