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$3.20 -0.06 (-1.84%)
7/3/2008 1:05 PM

Pier 1 Imports, Inc. (PIR)

CAPS Rating:
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A retailer, consisting of stores operating under the names 'Pier 1 Imports' and 'Pier 1 Kids', selling a variety of furniture, decorative home furnishings, dining and kitchen goods, and bath and bedding accessories and other specialty items for the home.

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7

Avatar ANALYST10 (< 20) Submitted: 4/10/08 2:56 PM : Underperform Start Price: $7.58 PIR Score: 50.49

Latest (4-10) Earnings Report unconvincing in terms of a true turn-around...It's just marginally better than the past 3 years of increasingly horrid results due to write-downs, closings etc.





What makes this Retail stock's (economy/recession) outlook much worst than most stores is its direct-correlation to the housing market, which will remain in the dumpster for quite sometime.


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