Jefferies Maintains a 'Buy' on Pier 1 Imports (PIR); Q2 Should Satisfy

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Pier 1 Imports, Inc. (PIR) Tops Q2 EPS by 1c; Comps Up 6.7%

August 30, 2012 6:13 AM EDT

Pier 1 Imports, Inc. (NYSE: PIR) reported Q2 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $368 million versus the consensus estimate of $365.75 million.

Comparable store sales increased 6.7% on top of last years 10.8% gain; three-year cumulative comparable store... More