Pier 1 projects 3Q EPS of 18 cents
November 10, 2011,
That's a bit higher than the 17 cents estimated by securities analysts surveyed by FactSet Research. In the same quarter last year, the retailer had net income of $21 million or 18 cents per share.
Pier 1 said it issued the estimate in advance of a store event it was hosting today with shareholders and analysts at its newly remodeled New York store at 71 Fifth Ave. in Manhattan, where management would provide an update on the company's business.
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