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Pier 1 4Q Income Down

By Aggregated Content in Furniture Retailing on April 11, 2013 from http://www.retailingtoday.com/article/pier-1-income-down-q4

Pier 1 Imports reported net income of $61.7 million, or 58 cents per share, for its fourth quarter. For the fourth quarter ended Feb. 25, 2012, the company reported net income of $115.2 million, or $1.04 per share.

Total sales for the 14-week fourth quarter of fiscal 2013 improved 15.7% to $551.6 million compared to $476.8 million in the 13-week fourth quarter of last year. 

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