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Pier 1: Fiscal 2Q Earnings Snapshot

FORT WORTH, Texas — Pier 1 Imports Inc. (PIR) on Wednesday reported a loss of $100.6 million in its fiscal second quarter.

The Fort Worth, Texas-based company said it had a loss of $24.29 per share. Losses, adjusted for asset impairment costs, were $23.18 per share.

The home decor company posted revenue of $304.6 million in the period.

Pier 1 shares have risen 99% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.20, a decrease of 59% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PIR at https://www.zacks.com/ap/PIR

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