BRIEF-Pier 1 Imports Inc Q3 Earnings Per Share $0.09 [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 Inc Q3 Earnings Per Share $0.09 | Reuters Reuters Staff 2 Min Read Dec 13 (Reuters) - Pier 1 Imports Inc: * PIER 1 IMPORTS, INC. REPORTS THIRD QUARTER FISCAL 2018 FINANCIAL RESULTS * Q3 SALES $469.2 MILLION VERSUS I/B/E/S VIEW $466.7 MILLION * Q3 EARNINGS PER SHARE VIEW $0.11 -- THOMSON REUTERS I/B/E/S * ADJUSTED EARNINGS PER SHARE OF $0.22 (NON-GAAP) IN Q3 OF FISCAL 2017 * INVENTORIES AT END OF Q3 OF FISCAL 2018 DECREASED 12.7% TO $418.9 MILLION, COMPARED TO $479.8 MILLION A YEAR AGO * QTRLY COMPARABLE SALES REFLECT AN ESTIMATED IMPACT OF ABOUT 100 BPS RELATED TO HURRICANES IN TEXAS AND FLORIDA * SAW IMPROVED SALES IN NOV, HOWEVER, OVERALL TRENDS DROPPED CONSIDERABLY DURING FIRST TWO WEEKS OF DEC * HAVE ADJUSTED PROMOTIONAL PLANS FOR REMAINDER OF HOLIDAY SEASON * SEES FY 2018 COMPARABLE SALES GROWTH FROM DOWN 1 PERCENT TO FLAT * SEES FULL YEAR 2018 CAPITAL EXPENDITURES APPROXIMATELY $60 MILLION Source text for Eikon: Further company coverage: All quotes delayed
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