Pier 1 Imports, Inc. (PIR) Thursday reported fourth-quarter comparable sales growth of 7.9 percent, down from 10.3 percent reported in the comparable period last year.
Sales for the quarter improved 15.7 percent to $552 million from $477 million last year. Analysts, based on consensus, expected revenues of $546.43 million. Analysts' estimates typically exclude special items.
For the quarter, the company expects to report earnings in the range of $0.57 to $0.58 per share, with adjusted ranging between $0.59 to $0.60 per share.
This compares to profit of $1.04 per share and adjusted earnings of $0.48 per share reported in the prior-year quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.