Daily News
From Home Furnishing Business
Pier 1 Same Store Sales Increase 8.2%
January 8,
2015 by in Financial Reports, Furniture Retailing, Industry 
Specialty home furnishings retailer Pier 1 Imports (NYSE: PIR) reported an 8.2 percent in same store sales for the five-week period ended Jan. 3.
“We are pleased with our December sales performance,” said Alex Smith, president and CEO. “Traffic to the brand was up nicely and sell-through on our holiday assortments was on plan. We are in the midst of our clearance efforts and beginning the transition to fresh spring looks in-store and online — we believe the business is well-positioned as we head into the early spring selling season.”
The retailer will report fourth quarter and full-year fiscal 2015 results for the period ending Feb. 28 on Wednesday, April 8 after the market close and will host a conference call that afternoon to discuss the results.