Pier 1 Imports (PIR) Tops Q4 EPS by 2c, Guides FY17 EPS Below Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Wall St futures pause after AI rally, focus on Mideast tensions
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Pier 1 Imports, Inc. Reports Fourth Quarter and Full-Year Fiscal 2016 Financial Results
April 13, 2016 4:16 PM EDTProvides Fiscal 2017 First Half and Full-Year Financial Guidance;
Declares Quarterly Cash Dividend
FORT WORTH, Texas--(BUSINESS WIRE)-- Pier 1 Imports, Inc. (NYSE: PIR) today reported financial results for the fourth quarter and fiscal year ended February 27, 2016.
Fiscal 2016 Highlights
Total sales increased 0.4% (1.4% on a constant currency basis); Company comparable sales rose 0.7% (1.7% on a constant currency basis); Achieved e-Commerce sales penetration of 16%; Reduced inventory levels by approximately 15%; Generated cash flow from operations of $164 million;... More