Pier 1 Posts December Comp Sales Gain

Pier 1 Imports has reported that the company’s comparable sales for the five-week period ended January 3, 2015 increased 8.2% compared to the five-week period ended January 4, 2014.

 “We are pleased with our December sales performance,” said Alex Smith, president and CEO, Pier 1 Imports. “Traffic to the brand was up nicely and sell-through on our holiday assortments was on plan. We are in the midst of our clearance efforts and beginning the transition to fresh spring looks in-store and online— we believe the business is well-positioned as we head into the early spring selling season.”

Pier 1 noted that it will report fourth quarter and full-year fiscal 2015 results for the period ending February 28, 2015, on April 8, after the market close.

The company currently has 1,067 retail stores.