Pier 1 Imports 5-week Comps Up 8.2% - Quick Facts

(RTTNews) - Pier 1 Imports Inc. (PIR) reported that comparable sales for the five-week period ended January 3, 2015 increased 8.2%. The company said it will report fourth quarter and full-year fiscal 2015 results for the period ending February 28, 2015 on April 8, 2015.

Alex Smith, President and CEO, said: "Traffic to the brand was up nicely and sell-through on our holiday assortments was on plan. We are in the midst of our clearance efforts and beginning the transition to fresh spring looks in-store and online. We believe the business is well-positioned as we head into the early spring selling season."