|Bid||0.5981 x 130000|
|Ask||0.6102 x 130000|
|Day's Range||0.5962 - 0.5962|
|52 Week Range||0.2230 - 2.6400|
|Beta (3Y Monthly)||4.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
It operates through retail stores and an e-commerce website under the brand Pier 1 Imports. Warning! GuruFocus has detected 3 Warning Signs with PIR. For the last quarter Pier 1 Imports Inc reported a revenue of $412.5 million, compared with the revenue of $512.2 million during the same period a year ago.
The fourth-quarter earnings of Pier 1 Imports Inc (NYSE: PIR) fell far below analyst expectations. For the entire year, adjusted earnings before interest, tax, depreciation and amortization came in at -$136.7 million, and free cash flow sunk to -$135.2 million. Raymond James called the report “distressing,” and while it didn’t recommend shorting the stock, it reiterated its Underperform rating.
Pier 1 said the number of stores likely to be closed could increase by up to 15 percent if Pier 1 fails to achieve performance goals, sales targets, and reductions in occupancy and costs. Pier 1, which has a market capitalization of about $55 million, had a long-term debt of $245.6 million as of March 2. In the crucial holiday quarter, Pier 1 reported a 13.7 percent decline in same-store sales and missed Wall Street expectation for quarterly revenue as fewer customers visited its stores.
Check out the companies making headlines after the bell:Shares of Las Vegas Sands LVS jumped more than 4% in extended trading Wednesday following the release of the company's first-quarter earnings.
FORT WORTH, Texas (AP) _ Pier 1 Imports Inc. (PIR) on Wednesday reported a fiscal fourth-quarter loss of $68.8 million, after reporting a profit in the same period a year earlier. The Fort Worth, Texas-based company said it had a loss of 85 cents per share. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
Pier 1 Imports (NYSE: PIR ) announces its next round of earnings this Wednesday, April 17. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement. Earnings and Revenue ...
Known for selling wicker chairs and scented candles, Pier 1 has suffered financial losses amid an increasingly competitive retail landscape dominated by the likes of Amazon.com Inc and Walmart Inc. Pier 1, which has roughly 987 stores in the United States and Canada, has added debt restructuring specialists at Kirkland & Ellis LLP to a roster of advisers counseling the chain as it explores strategic alternatives, the sources said. Pier 1 is also taking meetings with investment bankers who have debt restructuring expertise as it weighs options, said the sources, who spoke on condition of anonymity because the company's deliberations are confidential.
The retail sector was at a turning point in 2018. The rise of Amazon.com, Inc. (NASDAQ: AMZN ) has dominated the narrative for years, but 2018 proved to be a winning year for the segment. Retail was ...
was tumbling more than 14% in premarket trading Thursday, Dec. 20, after the retailer said it has begun a "process to evaluate a full range of strategic alternatives to enhance shareholder value" and named board member Cheryl A. Bachelder as interim CEO. In a press release, Pier 1 said it retained Credit Suisse to assist with the process of evaluating alternatives. "Clearly the 'New Day' strategic plan did not deliver the desired results fast enough.
On Wednesday, the seller of wicker chairs and scented candles said it has retained Credit Suisse to help evaluate a full range of strategic alternatives, but it may not result in a sale. Pier 1, which is struggling to keep up with competing home furnishing companies, including Williams-Sonoma (WSM.N), said Cheryl Bachelder has been appointed interim CEO, effective immediately.
On a per-share basis, the Fort Worth, Texas-based company said it had a loss of 62 cents. The home decor company posted revenue of $413.2 million in the period. In the final minutes of trading on Wednesday, ...
Home furnishing retailer Pier 1 Imports Inc said on Wednesday its Chief Executive Officer Alasdair B. James has stepped down and the company is looking at strategic alternatives. The company said Cheryl ...
Pier 1 (PIR) delivered earnings and revenue surprises of 0.00% and -0.74%, respectively, for the quarter ended August 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Fort Worth, Texas-based company said it had a loss of 63 cents. The home decor company posted revenue of $355.3 million in the period. In the final minutes of trading on Wednesday, ...