Key Developments: Pier 1 Imports Inc (PIR)
24.18USD
22 May 2013
$-0.53 (-2.14%)
$24.71
$24.93
$25.21
$23.99
1,197,823
1,216,214
$25.28
$14.78
Latest Key Developments (Source: Significant Developments)
Pier 1 Imports Inc Issues FY 2014 EPS Guidance Below Analysts' Estimates; Comments On FY 2014 Comparable Store Sales And EBITDA Guidance
Pier 1 Imports Inc announced that for fiscal 2014, on a comparable 52-week basis, it expects comparable store sales growth in the mid single-digit range, EBITDA growth in the range of 14% to 18% and earnings per share (EPS) in the range of $1.26-$1.31. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of $266 million and EPS of $1.38 for fiscal 2014. Full Article
Pier 1 Imports Inc Declares Quarterly Cash Dividend
Pier 1 Imports Inc announced that its Board of Directors declared a $0.05 per share quarterly cash dividend on the Company's outstanding shares of common stock. The $0.05 quarterly cash dividend will be paid on May 8, 2013 to shareholders of record on April 24, 2013. Full Article
Pier 1 Imports Inc Narrows Q4 2013 EPS Guidance To A Range Below Analysts' Estimates
Pier 1 Imports Inc announced that for fourth quarter of 2013, it expects earnings per share (EPS) to be approximately $0.57-$0.58 (GAAP) and $0.59-$0.60 (non-GAAP) on a 14-week basis compared to $1.04 (GAAP) and $0.48 (non-GAAP) in the fourth quarter of last year on a 13-week basis (see reconciliation below under Financial Disclosure Advisory). According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.61 for fourth quarter of 2013. Full Article
Pier 1 Imports Inc Announces Resignation Of Chairman-Form 8-K
Pier 1 Imports Inc reported in its Form 8-K that on January 17, 2013, Michael R. Ferrari informed Pier 1 Imports, Inc. (Company) that he is resigning as a Director of the Company effective January 22, 2013. Dr. Ferrari has served on the Company’s Board of Directors since 1999, including time most recently as Non-Executive Chairman from 2009 to 2012. Full Article
Pier 1 Imports Inc Issues Q4 2013 EPS Guidance In Line With Analysts' Estimates; Comments On Q4, FY 2013 Comparable Store Sales Guidance; Raises FY 2013 EPS Guidance
Pier 1 Imports Inc announced that for the fourth quarter of 2013, it expects comparable store sales growth in the mid single-digit range, earnings per share (GAAP) in the range of $0.55 to $0.59, and earnings per share (non-GAAP) in the range of $0.57 to $0.61. For fiscal 2013, on a 52-week basis, it expects comparable store sales growth in the mid single-digit range and earnings per share (EPS), on both a GAAP and non-GAAP basis, in the range of $1.17 to $1.21. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.58 for the fourth quarter of 2013. Full Article
Pier 1 Imports Inc Declares Quarterly Cash Dividend; Authorizes New $100 Million Share Repurchase Program
Pier 1 Imports Inc announced that its Board of Directors declared a $0.05 per share quarterly cash dividend on the Company's outstanding shares of common stock, reflecting a 25% increase from the previous quarterly cash dividend. The $0.05 quarterly cash dividend will be paid on January 30, 2013 to shareholders of record on January 16, 2013. The Company also announced that its Board of Directors has authorized a new $100 million share repurchase program. The new share repurchase program is effective immediately and authorizes the repurchase of up to $100 million of the Company's common stock in open market or private transactions. The timing of the repurchases will depend on several factors, including prevailing market conditions and prices. Full Article
Pier 1 Imports Inc Issues Q3 2013 EPS Guidance In Line With Analysts' Estimates
Pier 1 Imports Inc announced that earnings per share (EPS) for the third quarter of 2013 are expected to be approximately $0.22 (GAAP) and $0.25 (non-GAAP) compared to $0.21 in the third quarter last year. The non-GAAP expected adjusted EPS excludes the estimated impact of Hurricane Sandy and utilizes an estimated 35.6% annual effective tax rate for fiscal 2013. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.25 for the third quarter of 2013. Full Article
Pier 1 Imports Inc Declares Quarterly Cash Dividend
Pier 1 Imports Inc announced that its Board of Directors declared a $0.04 per share quarterly cash dividend on the Company’s outstanding shares of common stock. The $0.04 quarterly cash dividend will be paid on October 31, 2012 to shareholders of record on October 17, 2012. Full Article
Pier 1 Imports Inc Raises FY 2013 EPS Guidance-Conference Call
Pier 1 Imports Inc announced that for fiscal 2013, it expects non-GAAP EPS to be in the range of $1.10-1.16. Full Article
Pier 1 Imports Inc Issues Q2 2013 EPS Guidance In Line With Analysts' Estimates
Pier 1 Imports Inc announced that earnings per share (EPS) for the second quarter of 2013 are expected to be approximately $0.24 (GAAP) and $0.19 (non-GAAP). According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.18 for the second quarter of 2013. Full Article
BRIEF-Pier 1 Imports shares down 3.6 pct premarket
NEW YORK, April 11 - Pier 1 Imports Inc : * Shares down 3.6 percent premarket after results, outlook
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