Market Overview

Pier 1 December SSS +8.2%

Pier 1 Imports (NYSE: PIR) today reported that December comparable
store sales increased 8.2% for the five-week period ended December 29,
2012 compared to a reported comparable store sales increase of 11.3% for
the five-week period ended December 31, 2011, representing a three-year
cumulative comparable store sales increase of 29.8%.

Alex W. Smith, President and Chief Executive Officer, commented, “We are
very pleased with our December comp store sales results, which reflect
strong traffic and an increase in average ticket. We experienced
momentum in sales throughout the month, including the days after
Christmas, and sales were strong across all geographic regions of the
country. Importantly, we executed our planned balance of regular and

See full press release

Posted-In: News Guidance Global

 

Related Articles (PIR)

Around the Web, We're Loving...

Get Benzinga's Newsletters