Pier 1: Fiscal 2Q Earnings Snapshot
FORT WORTH, Texas (AP) _ Pier 1 Imports Inc. (PIR) on Wednesday reported a loss of $51.1 million in its fiscal second quarter.
On a per-share basis, the Fort Worth, Texas-based company said it had a loss of 63 cents.
The home decor company posted revenue of $355.3 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $1.54. A year ago, they were trading at $4.38.