Pier 1 reports wider losses for fourth quarter

Francis, Robert
April 2007
Fort Worth Business Press;4/16/2007, Vol. 20 Issue 16, p2
The article reports on the financial performance of home-furnishings retailer Pier 1 Imports Inc. The company said that its fiscal fourth-quarter loss widened on lower revenues and various charges they have taken. Pier 1 reported a loss of $58.7 million for the quarter which ended on March 3, 2007. According to the company, the current quarter was affected by settlement and curtailment charges related to retirement plans.


Related Articles

  • Pier 1 's sales decline 13.1 %.  // Furniture/Today;11/6/2006, Vol. 31 Issue 9, p42 

    The article reports that home furnishings specialty retailer Pier 1 Imports Inc. has posted 13.1% decline in its sales in the U.S. in October 2006. It has reported sales of $114.1 million for the four-week period ended October 28, 2006, down from $131.3 million for the same period in 2005....

  • Pier 1 profits drop 38.4%; sales up 7.3%. Engel, Clint // Furniture/Today;6/21/2004, Vol. 28 Issue 41, p39 

    Reports on the financial condition of Texas-based home furnishings retailer Pier 1 Imports Inc. in the first quarter ended May 29, 2004. Net income of the company; Increase in product sales; Concept of the company's advertising campaign.

  • Banking on a hip image to hype sales. Kern, Tanja // Home Channel News;2/23/2004, Vol. 30 Issue 4, p3 

    Reports on the launch by Pier 1 Imports Inc. of a new celebrity ad campaign with interior designer Thom Filicia. Remarks of Pier 1 executive vice president Phil Schneider on the appointment of Filicia as the company's new spokesman; Aim of the company's initiative; Description of the "Get in...

  • Pier One Reports Stormy Third Quarter. Hogsett, Don // Home Textiles Today;12/19/2005, Vol. 27 Issue 14, p16 

    The article reports on the business performance of Fort Worth, Texas-based home accessories retailer Pier 1 Imports Inc. for the third quarter of 2005. Its sales declined by 2.4 percent to $476.2 million. Inventories increased sharply in comparison to sales. Marvin Girouard, chairman and chief...

  • Pier 1 July sales decline 12.9%.  // Furniture/Today;8/7/2006, Vol. 30 Issue 47, p46 

    The article reports on the financial performance of home furnishings retailer Pier 1 Imports for the period ended July 2006. Decreases in sales and same-store sales were posted in the period. According to Chairman and Chief Executive Officer Marvin Girouard, he expects sales in August to be...

  • Bombay, Pier 1 Imports suffering retail sales malaise. Whiteley, Michael // Fort Worth Business Press;8/27/2004, Vol. 17 Issue 35, p42 

    Focuses on the financial performance of two home furnishing retail companies in Texas. Earnings of Bombay Co. for the second quarter of 2004; Decline in the second quarter earnings of the Pier 1 company; Factors impacting the financial performance of the retail companies.

  • Pier 1 Marqins Thin. HOGSETT, DON // Home Textiles Today;6/25/2007, Vol. 28 Issue 16, p19 

    The article reports on the financial performance of home textile retailer Pier 1 Imports Inc. in the U.S. for the first quarter of 2007. The company has recorded a loss of $56.4 million, compared to $23.2 million in 2006. Average gross margin dropped by 930 basis points, or 9.3 percentage...

  • Pier 1 Performs "Better than Planned" During Q1. Corral, Cecile B. // Home Textiles Today;6/22/2009, Vol. 30 Issue 15, p1 

    The article offers updates on the financial performance of Pier I Import Inc., a retailer of imported outdoor home accessories, furniture, and home écor, in the first quarter of 2009 in the U.S. The company has reported a net income of $29 million in which the operating results have improved...

  • Pier 1 Looks to Change Corporate Image. Corral, Cecile B. // Home Textiles Today;9/19/2005, Vol. 27 Issue 2, p2 

    Reports on the efforts of Pier 1 to change its corporate image. Company's plan to implement an attitude that emphasizes furniture and contemporary looks; Efforts to inform its customers that Pier 1 is a home furnishings company; Merchandise introductions for fall 2005 in the United States.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics