Pier 1 Imports 2Q Results Top Wall Street's View

Analysts polled by FactSet expect earnings of 17 cents per share

Thursday, Aug 30, 2012  |  Updated 6:48 AM CDT
View Comments (
)
|
Email
|
Print
Pier 1 Imports 2Q Results Top Wall Street's View

Getty Images

advertisement

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.
 

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get NBCDFW on Mobile!
Get NBCDFW's free news and weather... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out