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Pier 1 Imports Inc (PIR.N)

PIR.N on New York Stock Exchange

4.37USD
20 Oct 2017
Change (% chg)

$0.16 (+3.80%)
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Latest Key Developments (Source: Significant Developments)

Pier 1 Imports Q2 GAAP loss per share $0.10
Wednesday, 27 Sep 2017 04:15pm EDT 

Sept 27 (Reuters) - Pier 1 Imports Inc :Pier 1 Imports Inc reports second quarter fiscal 2018 financial results.Q2 adjusted non-GAAP loss per share $0.05.Q2 GAAP loss per share $0.10.Q2 sales $407.6 million versus I/B/E/S view $406.5 million.Q2 same store sales rose 1.8 percent.Q2 earnings per share view $-0.06 -- Thomson Reuters I/B/E/S.Provides updated financial guidance​.Qtrly company comparable sales increased 1.8%.Sees ‍Q3 comparable sales growth down 2% to flat​.Inventories at end of Q2 of fiscal 2018 decreased 5.0% to $457.3 million, compared to $481.3 million a year ago.Sees ‍Q4 comparable sales growth flat to 2%​.Company expects to close a total of approximately 20 to 25 stores in fiscal 2018.Sees ‍Q3 earnings per share $0.08 to $0.14​.Sees ‍Q4 earnings per share $0.34 to $0.44​.Sees Q4 adjusted earnings per share ‍$0.36 to $0.46.Sees ‍Q3 net sales loss of 3% to 1%.Sees Q4 net sales growth 5% to 7%.Sees ‍FY 2018 capital expenditures of approximately $55 million​.Q3 earnings per share view $0.20, revenue view $475.3 million -- Thomson Reuters I/B/E/S.  Full Article

Pier 1 Imports says CFO Jeffrey Boyer resigns
Tuesday, 8 Aug 2017 04:15pm EDT 

Aug 9 (Reuters) - Pier 1 Imports Inc -:Pier 1 Imports Inc announces management changes.Says CFO Jeffrey N. Boyer resigned.Pier 1 Imports Inc- ‍pier 1 imports is in process of appointing an executive search firm to conduct a comprehensive search for a new CFO​.  Full Article

Pier 1 Imports, through subsidiary, co and units entered into a second amended and restated credit agreement
Wednesday, 7 Jun 2017 04:30pm EDT 

June 7 (Reuters) - Pier 1 Imports Inc : :Pier 1 Imports Inc- on June 2, through subsidiary, co and units entered into a second amended and restated credit agreement .Pier 1 Imports Inc- revolving credit agreement extends maturity date for revolving credit facility from June 18, 2018, to June 2, 2022.Pier 1 Imports Inc- credit extensions under revolving credit facility amounted to $42.2 million as of June 2, 2017.  Full Article

U.S. CPSC says Pier 1 Imports recalls chalk note mugs due to burn hazard
Thursday, 18 May 2017 01:00pm EDT 

May 18 (Reuters) - U.S. Consumer Product Safety Commission : :Pier 1 Imports recalls chalk note mugs due to burn hazard.U.S. Consumer Product Safety Commission says Pier 1 Imports recalls about 15,300 chalk note mugs due to burn hazard.U.S. CPSC- Firm has received reports of 8 mugs cracking when filled with a hot liquid, no injuries have been reported as part of the recall.  Full Article

Pier 1 Imports Q4 adjusted earnings per share $0.34
Wednesday, 12 Apr 2017 04:30pm EDT 

Pier 1 Imports Inc : Pier 1 Imports, Inc. Reports fourth quarter and full-year fiscal 2017 financial results . Q4 adjusted non-gaap earnings per share $0.34 . Q4 gaap earnings per share $0.33 . Q4 same store sales rose 0.2 percent . Q4 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Q4 sales $528.4 million versus I/B/E/S view $530.2 million . Pier 1 Imports Inc qtrly company comparable sales increased 0.2 percent . Pier 1 Imports Inc- inventories at end of fiscal 2017 decreased approximately 1 pct to $401.0 million, compared to $405.9 million a year ago . Pier 1 Imports Inc - full-year guidance for fiscal 2018 includes approximately $26 million of net sales . Sees Q1 comparable sales growth of 1 pct to 2 pct . Pier 1 Imports Inc sees FY 2018 comparable sales growth 1 pct to 2 pct . Sees Q1 net sales growth of flat to 1 pct . Pier 1 Imports Inc sees FY 2018 earnings per share of $0.46 to $0.52 . Sees Q1 loss per share of $0.07 to $0.03 . Sees full year net sales growth of 2 pct to 3 pct . Pier 1 Imports Inc sees FY 2018 capital expenditures of approximately $55 million . Q1 earnings per share view $-0.02, revenue view $421.2 million -- Thomson Reuters I/B/E/S . Pier 1 Imports - expects to close approximately 20 to 25 net stores in fiscal 2018 . Fy2018 earnings per share view $0.48, revenue view $1.84 billion -- Thomson Reuters I/B/E/S.  Full Article

Pier 1 Imports recalls Bistro chairs due to fall hazard recall summary
Thursday, 9 Mar 2017 03:10pm EST 

U.S. Consumer Product Safety Commission: Pier 1 Imports recalls Bistro chairs due to fall hazard recall summary . Recall of about 13,300 sets and 700 individual chairs in U.S. of Pier 1 Imports (in addition, about 760 sets, 40 individual chairs in Canada) . Pier 1 Imports has received six reports of incidents of chair legs loosening and/or collapsing .Pier 1 Imports has received reports of incidents resulting in four reports of injuries including bruises and abrasions from falls.  Full Article

Pier 1 imports Sees FY 2017 adj non-GAAP EPS $0.42-$0.44
Monday, 6 Mar 2017 04:42pm EST 

Pier 1 Imports Inc : Pier 1 imports, inc. Reports preliminary fourth quarter and full-year fiscal 2017 financial results . Sees fy 2017 adjusted non-gaap earnings per share $0.42 to $0.44 . Sees q4 adjusted non-gaap earnings per share $0.32 to $0.34 . Q4 sales fell 2.6 percent . Q4 same store sales rose 0.2 percent . Sees fy 2017 gaap earnings per share $0.35 to $0.37 . Sees q4 gaap earnings per share $0.31 to $0.33 . Qtrly company comparable sales, which includes e-commerce, increased approximately 0.2% . Pier 1 imports inc - qtrly company comparable sales, which includes e-commerce, increased approximately 0.2% . Qtrly e-commerce sales grew 28% as compared to same period year ago and represented approximately 19.5% of net sales in q4 .Pier 1 imports inc - estimated costs of approximately $2 million in q4 related to departure of company's former chief executive officer.  Full Article

Pier 1 Imports recalls glass knobs due to laceration hazard
Wednesday, 1 Mar 2017 11:58am EST 

U.S. Consumer Product Safety Commission: Pier 1 Imports recalls about 363,000 units of glass knobs due to laceration hazard .Pier 1 Imports has received six reports of incidents including two laceration injuries from a broken glass knob.  Full Article

Pier 1 Imports reiterates Q4 and FY 2017 financial guidance
Tuesday, 7 Feb 2017 04:15pm EST 

Pier 1 Imports Inc : Pier 1 Imports, Inc. reiterates fourth quarter and full-year fiscal 2017 financial guidance . Pier 1 Imports Inc says customers responded positively to our seasonal and holiday assortments in december .Pier 1 Imports Inc says strong execution across board enabled us to achieve slightly positive comparable sales growth of 0.6% quarter-to-date through January.  Full Article

Alden Global reports 4.3 pct stake in Pier 1 Imports
Wednesday, 18 Jan 2017 06:22pm EST 

Pier 1 Imports Inc : Alden Global Capital LLC reports 4.3 percent stake in Pier 1 Imports Inc as of Jan 13 - SEC filing .Alden Global Capital LLC - had previously reported stake of 9.2 percent in Pier 1 Imports Inc as of Dec 20, 2016.  Full Article

BRIEF-Pier 1 Imports names ‍Darla Ramirez interim CFO

* Pier 1 Imports Inc appoints interim chief financial officer