What analyst predict for Pier 1 Imports NYSE:PIR ?

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What analyst predict for Pier 1 Imports NYSE:PIR ?

Pier 1 Imports headquartered in Fort Worth, Texas, United States is reporting their earnings on 12/19/2018 after the bell. Street forecast for the quarter ending Nov 2018 is $-0.14.

According to stock market daily analyst this is Lower then same time previous year.Pier 1 Imports, reported EPS for the same quarter last year was $0.09.

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About Pier 1 Imports NYSE:PIR

CEO: Alasdair James

WEBSITE : https://www.pier1.com/

The first Pier 1 Imports store opened in San Mateo, California, in 1962. According to the company’s official history, the original store catered to hippy baby boomers and featured love beads and incense.

By 1966, Pier 1 had grown to 16 store locations, and established its corporate headquarters in Fort Worth, Texas.

Pier 1 went public on the American Stock Exchange in 1970 and later joined the New York Stock Exchange in 1972.At this time, the company had grown to 123 stores, posted 100 percent sales gains for four consecutive years, and opened stores internationally in Australia and Europe. A Pier 1 store in Royal Oak, Michigan reached annual sales of $1 million in 1979. By 1985, the Pier 1 chain grew to 265 stores, with the management goal of doubling that number by 1990.

On December 29, 2006, Standard & Poor’s bumped Pier 1 Imports Inc. down one spot and off the bottom of the S&P MidCap 400 Index when it added Parametric Technology Corp. (NASDAQ: PMTC), a software company.As of December 2012, the company had sales of $418 million.

In April 2008, Chesapeake Energy bought the headquarters of Pier 1 for $104 million.

In May 2017, Alasdair James become CEO following Alex Smith’s departure in December 2016.

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