Thursday, September 28, 2017

Pier I loss widens in Q2

Image result for pier 1 store Pier 1 Imports Inc. reported a wider-than-expected loss in its second quarter and forecast a smaller per-share profit for the year that analysts had expected.
 
Revenue rose 0.4% to $407.6 million, compared with $405.8 million in the same period last year.
Same-store sales rose 1.8% in the quarter. E-commerce sales penetration reached 27%.. . . more

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