Pier 1 Sales Rise 8 Percent in Second Quarter
September 2, 2010,
FORT WORTH, Texas-Second-quarter net sales for Pier 1 Imports increased 8 percent to $310 million, according to a preliminary report on the quarter from the specialty retailer.
The sales gain included same-store sales growth of 11.2 percent. Alex Smith, Pier 1's president and chief executive officer, said August was a particularly strong month for the retailer in terms of comparable-store sales. "We continue to see strengths in all parts of the country and in all merchandise categories, with improvements in traffic, conversion and ticket," Smith said.