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Pier 1 Q3 Profit Declines, Despite Higher Revenues
December 16, 2010
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Home furnishings retailer Pier 1 Imports Inc. Thursday reported a decline in profit for the third quarter, despite an 8.2% growth in revenues, reflecting an income tax benefit recorded in the prior year.
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Source: RTTNews.com
Companies Mentioned:
Pier 1 Imports
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Specialty retailer Pier 1 Imports, Inc.
(NYSE: PIR)
announced Monday that it continues to see positive business trends with increased traffic, conversion and average ticket for the first two months of the third quarter.
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