UPDATE: Pier 1 Imports (PIR) Tops Q2 EPS by 1c, Comps Increase 1.6%; FY EPS Guidance Comes in Light

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Go back to UPDATE: Pier 1 Imports (PIR) Tops Q2 EPS by 1c, Comps Increase 1.6%; FY EPS Guidance Comes in Light

Pier 1 Imports, Inc. Reports Second Quarter Fiscal 2018 Financial Results

September 27, 2017 4:15 PM EDT

Provides Updated Financial Guidance

Declares Quarterly Cash Dividend

FORT WORTH, Texas--(BUSINESS WIRE)-- Pier 1 Imports, Inc. (NYSE: PIR) today reported financial results for the second quarter ended August 26, 2017.

Second Quarter Fiscal 2018 Highlights

Net sales increased 0.4% to $407.6 million; Company comparable sales increased 1.8%; E-Commerce sales penetration reached 27%; and Loss per share (GAAP) of ($0.10); adjusted loss per share (non-GAAP) of ($0.05) compared to loss per share of ($0.05) in the second quarter of fiscal 2017... More