Pier 1 Imports, Inc. Announces Fiscal 2015 December Sales
January 08 2015 - 6:00AM
Business Wire
Pier 1 Imports, Inc. (NYSE:PIR) today reported that company
comparable sales for the five-week period ended January 3, 2015
increased 8.2% compared to the five-week period ended January 4,
2014.
“We are pleased with our December sales performance,” said Alex
W. Smith, President and Chief Executive Officer. “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.”
Fourth Quarter and Full-Year Fiscal 2015 Financial
Results
The Company will report fourth quarter and full-year fiscal 2015
results for the period ending February 28, 2015 on Wednesday, April
8, 2015 after the market close and will host a conference call that
afternoon to discuss the results.
Financial Disclosure Advisory
Management’s expectations and assumptions regarding future
results are subject to risks, uncertainties and other factors that
could cause actual results to differ materially from the
anticipated results or other expectations expressed in the
forward-looking statements included in this press release. Any
forward-looking projections or statements should be considered in
conjunction with the cautionary statements and risks contained in
the Company’s Annual Report on Form 10-K and other filings. Refer
to the Company’s most recent SEC filings for any updates concerning
these and other risks and uncertainties that may affect the
Company’s operations and performance. The Company assumes no
obligation to update or revise its forward-looking statements even
if experience or future changes make it clear that any projected
results expressed or implied will not be realized.
Pier 1 Imports, Inc. is the original global importer of home
décor and furniture. Information about the Company is available on
www.pier1.com.
Pier 1 Imports, Inc.Cary Turner, 817-252-8400
Pier 1 Imports (NYSE:PIR)
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