Content about Pier 1 Imports

April 8, 2011

Fort Worth, Texas-based Pier 1 Imports saw comparable-store sales increase 8.9% in the fourth quarter ended Feb. 26.

Fort Worth, Texas-based Pier 1 Imports saw comparable-store sales increase 8.9% in the fourth quarter ended Feb. 26. For the full year, comparable-store sales surged 10.9%, compared with an increase of 1.5% in the prior year.

CEO Alex Smith called 2010 "truly an exceptional year," as the retailer achieved annual operating income for the first time in six years. 

In the fourth quarter, Pier 1 reported net income of $57.1 million, compared with last year’s fourth quarter net income of $34.5 million. Total sales were $426.6 million, up 7.7%. 

April 8, 2011

Fort Worth, Texas-based Pier 1 Imports saw comparable-store sales increase 8.9% in the fourth quarter ended Feb. 26.

Fort Worth, Texas-based Pier 1 Imports saw comparable-store sales increase 8.9% in the fourth quarter ended Feb. 26. For the full year, comparable-store sales surged 10.9%, compared with an increase of 1.5% in the prior year.

CEO Alex Smith called 2010 "truly an exceptional year," as the retailer achieved annual operating income for the first time in six years. 

In the fourth quarter, Pier 1 reported net income of $57.1 million, compared with last year’s fourth quarter net income of $34.5 million. Total sales were $426.6 million, up 7.7%. 

December 16, 2010

Posting its fifth consecutive quarter in the black, Fort Worth, Texas-based Pier 1 Imports reported third-quarter sales of $353.8 million, up from $327.1 million in the same three months last year.

Comp-store sales for the quarter increased 10.2%.

"With sales and margins exceeding our expectations and the overall leveraging of expenses, we are reporting net income for our fifth consecutive quarter," said Alex W. Smith, president and CEO.

September 14, 2008

Specifically, Pier 1 CEO Alex Smith said traffic was positive, but markdowns in garden accessories...

July 9, 2008

The Maison Belle line is non-toxic, biodegradable and uses recyclable packaging....

June 22, 2008

Alex Smith, president and CEO of Pier 1, also said the company held back on...

June 22, 2008

Alex Smith, president and CEO of Pier 1, also said the company held back on...

June 15, 2008

Pier 1 saw several quarters of losses, but swung back to profitability in the first...

June 15, 2008

Pier 1 saw several quarters of losses, but swung back to profitability in the first...

April 13, 2008

Comparable-store sales rose 2.5 percent....

April 13, 2008

Comparable-store sales rose 2.5 percent....

April 13, 2008

The news was both good and bad at some of the country’s largest specialty retailers...

March 30, 2008

The company, which has been plagued with 16 consecutive quarters of financial losses, has maintained...

March 30, 2008

The company, which has been plagued with 16 consecutive quarters of financial losses, has maintained...

March 9, 2008

According to the Consumer Product Safety Commission, the candleholders can heat up and cause the...

March 9, 2008

According to the Consumer Product Safety Commission, the candleholders can heat up and cause the...

December 19, 2007

Sales fell 7 percent to $374.2 million compared with $402.7 million in the same period last year....

November 11, 2007

The specialty retailer, hurt by strong competition in the home decor market, will be purchased...

September 23, 2007

It hasn’t been an easy year in the mid-to high-end home decor market....

September 23, 2007

It hasn’t been an easy year in the mid-to high-end home decor market....

September 20, 2007

The specialty retailer recorded $40.38 million in losses and a 3.6 percent decline in same-store sales....

September 20, 2007

The specialty retailer recorded $40.38 million in losses and a 3.6 percent decline in same-store sales....

August 13, 2007

The company terminated Phil Schneider, formerly executive vp-marketing, earlier this month, according to a filing....

August 6, 2007

Sharon Leite formerly served as vp-sales and associate marketing at Bath & Body Works in...

August 6, 2007

Sharon Leite formerly served as vp-sales and associate marketing at Bath & Body Works in...