Pier 1 loss cut; sales off 7%

September 2007
Furniture/Today;9/24/2007, Vol. 32 Issue 4, p1
Trade Publication
The article reports that specialty retailer Pier 1 Imports Inc. has posted a loss of $43.4 million in its second quarter performance in 2007 in the U.S. Sales were down 7% from 2006 in the quarter ended September 1, 2007 to $370.7 million. Despite the 7% decrease in sales, the company's financial performance is considered an improvement from the 73.1 million loss it had posted in the same period in 2006.


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