Pier 1 Imports (PIR) Tops Q4 EPS by 2c; Sales Miss, Comps Fall 7.5%

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Go back to Pier 1 Imports (PIR) Tops Q4 EPS by 2c; Sales Miss, Comps Fall 7.5%

Pier 1 Imports, Inc. Reports Fourth Quarter and Full Year Fiscal 2018 Financial Results

April 18, 2018 4:15 PM EDT

FORT WORTH, Texas--(BUSINESS WIRE)-- Pier 1 Imports, Inc. (NYSE: PIR) today reported financial results for the 14-week fourth quarter and 53-week fiscal year ended March 3, 2018. Except where indicated, fourth quarter and full year comparisons reflect the 14-week and 53-week periods ended March 3, 2018, and the 13-week and 52-week periods ended February 25, 2017.

Fourth Quarter Fiscal 2018 Highlights

Net sales decreased 3.1% to $512.2 million, which includes approximately $27.5 million from the 14th week in the Companys fiscal 2018 fourth quarter; Company comparable sales on a 13-week basis decreased 7.5%; E-Commerce... More