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Pier 1 Logs Strong 2Q sales
Home Textiles Today Staff -- Home Textiles Today, 10/20/2011 6:28:27 AM
Pier 1's sales for the second quarter rose 9.7%, with comps up 10.8% on top of an 11.2% same-store sales increase in the year-ago quarter.
Sales for the quarter were $340 million, and merchandise margins for the second quarter will be approximately 59.3% of sales, up from last year's second quarter merchandise margins of 58.3% of sales. Second quarter earnings are expected to be 14 cents per share.
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Pier 1 logs strong 2Q sales
Sep 1, 2011 -
Pier 1 Holiday Sales up 11.3% in December
Jan 31, 2012 -
Pier 1 holiday sales up 11.3% in December
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Bill and Tom Wright founded Wright of Thomasville in 1961 on the idea that printing was a creative medium and the belief that "a promise made is a promise kept." The Wright brothers focused their attention on providing exceptional printing for the... more
