Pier 1 Imports Inc (PIR) Files 10-K for the Fiscal Year Ended on February 28, 2018

Pier 1 Imports Inc (PIR, Financial) files its latest 10-K with SEC for the fiscal year ended on February 28, 2018. Pier 1 Imports Inc acts as a retailer of decorative accessories, furniture, candles, homeware, gifts and seasonal products. It operates through retail stores and an e-commerce website under the brand Pier 1 Imports. Pier 1 Imports Inc has a market cap of $181.502 million; its shares were traded at around $2.18 with a P/E ratio of 16.79 and P/S ratio of 0.10. The dividend yield of Pier 1 Imports Inc stocks is 12.86%.

For the last quarter Pier 1 Imports Inc reported a revenue of $512.2 million, compared with the revenue of $528.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.8 billion, a decrease of 1.6% from the previous year. For the last five years Pier 1 Imports Inc had an average revenue growth rate of 1% a year.

The reported diluted earnings per share was 14 cents for the year, a decline of 62.2% from the previous year. Over the last five years Pier 1 Imports Inc had an average EPS decline of 33.6% a year. The Pier 1 Imports Inc had an operating margin of 1.54%, compared with the operating margin of 3% a year before. The 10-year historical median operating margin of Pier 1 Imports Inc is 5.36%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Pier 1 Imports Inc has the cash and cash equivalents of $135.4 million, compared with $154.5 million in the previous year. The long term debt was $197.9 million, compared with $199.1 million in the previous year. The interest coverage to the debt is 2.2, which is not a favorable level. Pier 1 Imports Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $2.18, Pier 1 Imports Inc is traded at 80.2% discount to its historical median P/S valuation band of $10.99. The P/S ratio of the stock is 0.10, while the historical median P/S ratio is 0.49. The stock lost 63.68% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Terry E London bought 10,000 shares of PIR stock on 04/27/2018 at the average price of $2.31. The price of the stock has decreased by 5.63% since.
  • 10% Owner & Co Towle bought 275 shares of PIR stock on 04/10/2018 at the average price of $3.53. The price of the stock has decreased by 38.24% since.
  • See Footnote 1 and Remarks & Co Towle bought 275 shares of PIR stock on 04/10/2018 at the average price of $3.53. The price of the stock has decreased by 38.24% since.

For the complete 20-year historical financial data of PIR, click here.