AP NEWS

Pier 1: Fiscal 3Q Earnings Snapshot

December 19, 2018

FORT WORTH, Texas (AP) _ Pier 1 Imports Inc. (PIR) on Wednesday reported a fiscal third-quarter loss of $50.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Fort Worth, Texas-based company said it had a loss of 62 cents.

The home decor company posted revenue of $413.2 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit $1.12. A year ago, they were trading at $4.16.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PIR at https://www.zacks.com/ap/PIR

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