Pier 1 Imports Inc. (PIR) reported second quarter EPS of $0.10 after the close Wednesday, down from $0.17 last year. Analysts expected EPS of $0.14. The company also lowered its full year EPS forecast to between $0.95 and $1.05, from prior expectations of $1.14 to $1.22. The consensus estimate is for EPS of $1.13. The stock is now down 1.61 on 578K shares.
Pier 1 Imports traded in a range for the majority of Wednesday's session and closed up by 0.14 at $15.54 on above average volume.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.