FORT WORTH (AP) - Pier 1 Imports has forecast its fiscal second-quarter adjusted earnings and revenue at levels above Wall Street’s expectations.
The Fort Worth-based home decor company said Thursday that it anticipates adjusted earnings of 19 cents per share for the period ended Aug. 25. This excludes an interest expense adjustment and other items.
Analysts polled by FactSet expect earnings of 17 cents per share.
Second-quarter revenue rose 8.3 percent to $368 million. Wall Street forecast $365.8 million.
Pier 1 Imports Inc.’s revenue at stores open at least a year, a key gauge of a retailer’s health, increased 6.7 percent. This figure excludes results from stores recently opened or closed.
(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
Also Check Out:
- Texas Judge Preparing For ‘Civil War’ If Obama Re-Elected
- Health Officials: No Need To Call 911 For Mosquito Bites
- Randy Travis’ Truck Found Abandoned In North Texas Field
- Billboard Controversy Comes To North Texas
- Texas Woman Aims For Skunk, Shoots Husband










Athletics vs Rangers – June...
Photos From The 2013 Miss USA...
"The Amazing Race" Casting...
Athletics vs Rangers - June...
Most Romantic US Honeymoon...
Adrienne Bankert On "The Talk"
Blue Jays vs Rangers – June...
Blue Jays vs Rangers – June...
Blue Jays vs Rangers – June...
Baseball Shots Of The Week –...
Brandon Carr Celebrity...
Blue Jays vs Rangers - June...
Indians vs Rangers - June 12,...
Indians vs Rangers - June 11,...
Slater's IndyCar Ride-Along...
Rangers vs Blue Jays – June...

