BRIEF-Pier 1 Imports Sees Q1 Company Comparable Sales Down 8% To 7% [Reuters]
PIER 1 IMPORTS (PIR)
Last pier 1 imports earnings: 6/26 04:15 pm
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Source: Reuters
BRIEF-Pier 1 Imports Sees Q1 Company Comparable Sales Down 8% To 7% | Reuters Reuters Staff 2 Min Read April 19 (Reuters) - Pier 1 Imports Inc: * PIER 1 IMPORTS ANNOUNCES THREE-YEAR STRATEGIC PLAN AT ITS ANALYST DAY * PIER 1 IMPORTS INC - AS RESULTS OF PLAN ARE FULLY REALIZED IN FISCAL 2021, EXPECT TO ACHIEVE SUSTAINABLE NET SALES GROWTH OF 4% TO 6% * PIER 1 IMPORTS INC - CAPITAL INVESTMENTS IN FISCAL 2019 ARE EXPECTED TO TOTAL $60 MILLION * PIER 1 IMPORTS INC - AS RESULTS OF PLAN ARE FULLY REALIZED IN FISCAL 2021, EXPECT TO ACHIEVE EBITDA MARGIN OF 6% TO 8% * PIER 1 IMPORTS INC - SEES Q1 COMPANY COMPARABLE SALES DOWN 8.0% TO 7.0% * PIER 1 IMPORTS - AS RESULTS OF PLAN ARE FULLY REALIZED IN FISCAL 2021, EXPECT TO ACHIEVE EARNINGS PER SHARE IN RANGE OF $0.60 TO $0.70 * PIER 1 IMPORTS INC - SEES FULL YEAR FISCAL 2019 COMPANY COMPARABLE SALES 1.5 PERCENT TO 2.5 PERCENT * PIER 1 IMPORTS INC - SEES Q1 NET LOSS $33 MILLION TO $30 MILLION * PIER 1 IMPORTS INC SEES FULL YEAR FISCAL 2019 LOSS P
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