FORT WORTH, Texas (AP) _ Pier 1 Imports Inc. (PIR) on Wednesday reported a loss of $100.6 million in its fiscal second quarter.
The Fort Worth, Texas-based company said it had a loss of $24.29 per share. Losses, adjusted for asset impairment costs, were $23.18 per share.
The home decor company posted revenue of $304.6 million in the period.
Pier 1 shares have risen 99% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.20, a decrease of 59% in the last 12 months.