CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header
NFL PRESEASON: Broncos vs. Cowboys on CBS 11 & 105.3 The Fan tonight at 6:00 PM | Latest Cowboys News | CBSDFW Sports Team Tweets | PRO FOOTBALL CHALLENGE: Your chance to win a trip to Jamaica! | Details
Regular CBS 11 Programming Seen on TXA 21 Tonight | Program Schedule

Local

Revenue Up For Pier 1 Imports In December

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

454116976 Revenue Up For Pier 1 Imports In DecemberKe$sha's Scandalous Pre-VMA Selfie

454181828 Revenue Up For Pier 1 Imports In DecemberBilly Crystal's Robin Williams Tribute

 alt=iPhone 6 Pics Leaked!

453947324 Revenue Up For Pier 1 Imports In DecemberIce Bucket Challenge Fail

 alt=Musicians Then And Now

cowb thumb Revenue Up For Pier 1 Imports In DecemberCowboys Cheerleaders

FORT WORTH (AP) - Pier 1 Imports revenue at stores open at least a year climbed 8.2 percent in December, driven by strong traffic and shoppers spending more per transaction.

While the home decor company’s results rose for the five weeks ended Dec. 29, the performance was not as strong as the 11.3 percent increase reported during the prior-year period.

The holiday shopping season is critical for retailers, as it can make up to 40 percent of their annual revenue.

Pier 1 Imports Inc. said Thursday that it will report its fourth-quarter and fiscal 2013 financial results on April 11.

In December the Fort Worth, Texas-based company said that its fiscal third-quarter net income rose 3 percent, as more shoppers visited its stores and spent more money while they were there.

Its shares finished at $20 per share on Wednesday. They hit a 52-week high of $21.24 in early November. They fell as low as $14.11 almost a year ago.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Also Check Out: