Pier 1 Imports (PIR) Declares $0.07 Quarterly Dividend; 6.6% Yield
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Pier 1 Imports, Inc. Reports Second Quarter Fiscal 2017 Financial Results
September 28, 2016 4:15 PM EDTDeclares Quarterly Cash Dividend
Updates Financial Guidance
FORT WORTH, Texas--(BUSINESS WIRE)-- Pier 1 Imports, Inc. (NYSE: PIR) today reported financial results for the second quarter ended August 27, 2016.
Alex W. Smith, President and CEO, stated, Our top-line results reflect soft store traffic levels throughout the second quarter, most notably in July. To drive our business, we have many initiatives currently underway which include: our return to television advertising; merchandise refreshes, including the arrival of new and fall seasonal goods; new floor sets; gift registry introduction; full implementation... More
