Same-store sales for Pier 1 Imports jumped 8.9% in its fiscal fourth quarter thanks to higher tickets and better traffic and closing rates. The Fort Worth, Texas-based home furnishings specialty chain said the same-store sales increase for the period ended Feb. 26 was on top of a 6.5% gain in the pre- vious year's fourth quarter. Total sales in the latest quarter were $427 million, up 7.8% from $396 million a year ago. For the full year, sales inorcased 8.1% to about $1.4 billion and same-store sales rose 10.9%.
展开▼