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Pier 1 Imports, Inc., is an online retailer and former Fort Worth, Texas -based retail chain specializing in imported home furnishings and decor, particularly furniture, table-top items, decorative accessories, and seasonal decor. It was publicly traded on the New York Stock Exchange under ticker PIR. [4]
Annual earnings were $280 million with over $800 million in revenue. By 2008 the company was operating at a loss, and rebuffed an 88.4 million dollar takeover bid by Pier 1 Imports. [9] In 2012, Cost Plus was acquired by Bed Bath & Beyond. [10] In 2014, Cost Plus World Market launched an online crowdsourcing-model marketplace, Craft by World ...
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Margins matter. The more Pier 1 Imports (NYS: PIR) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
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The 10-second takeaway For the quarter ended Aug. 25 (Q2), Pier 1 Imports met expectations on revenues and met expectations on earnings per share. ... 800-290-4726 more ways to reach us. Mail.
Marvin Girouard was the chief executive officer and chairman of the board of Pier 1 Imports. He was elected CEO in 1998, elected chairman of the board in 1999 and left the company in February 2007. [1] He is credited with saving Pier 1 Imports from its sales slump in the 1990s. [2]