follow us

Pier 1 margins expanded during Q1

Retail Editor 5 -- Home Textiles Today, June 3, 2011

Fort Worth, Texas - Pier 1 Imports saw merchandise margins expand to 59.5% of sales during the first quarter, compared to 58.6% in the year-ago period.
The company said sales rose 9.5% to $335 million. Comps rose 10.2% on top of a 14.3% increase in last year's first quarter.
President and ceo Alex Smith said merchandise margins were trending up across all product categories.

Featured Video

Other Home Furnishings Sites

Casual Living
Gifts and Decorative Accessories
Home Accents Today
Kids Today
Furniture Today