11:19 am Pier 1 Imports Trades Nearly 9% Higher Following Mostly In-Line Q3 Earnings
Specialty retailer Pier 1 Imports (PIR 15.18, +1.28) is trading higher by more than 9% in early trading following the company's mostly in-line Q3 (Nov) earnings. PIR reported earnings per share of $0.20 on revenues which rose 4.1% year-over-year to $484.5 million. The company also reported comps of +2.5% (3% on a constant currency basis).
In case you're not familiar, PIR offers a wide selection of merchandise, including more than 5K items imported from more than 60 countries worldwide, with …More