Pier 1 Earnings Skyrocket 83.8% in First Quarter

Pier 1 Imports’ earnings soared 83.8% in the fiscal first quarter ended May 28 as same-store sales rose 10.2%, on top of strong growth a year earlier, the Fort Worth-based retailer reported today.

Total sales rose 9.3% to $334.6 million, primarily the result of gains in store traffic, conversion rate and average sales ticket, the . . . → Read More: Pier 1 Earnings Skyrocket 83.8% in First Quarter