UPDATE: Pier 1 Imports (PIR) Misses Q3 EPS by 2c, Comps Decline 0.7%

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Go back to UPDATE: Pier 1 Imports (PIR) Misses Q3 EPS by 2c, Comps Decline 0.7%

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

December 13, 2017 4:15 PM EST

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 third quarter ended November 25, 2017.

Third Quarter Fiscal 2018 Highlights

Net sales decreased 1.4% to $469.2 million; Company comparable sales decreased 0.7% and reflect an estimated impact of approximately 100 basis points related to the hurricanes in Texas and Florida; E-Commerce sales penetration reached 26%; and Earnings per share of $0.09... More