Pier 1 Imports Inc (PIR) Files 10-K for the Fiscal Year Ended on February 28, 2019

Pier 1 Imports Inc (PIR, Financial) files its latest 10-K with SEC for the fiscal year ended on February 28, 2019. 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 $65.560 million; its shares were traded at around $0.77 with and P/S ratio of 0.04.

For the last quarter Pier 1 Imports Inc reported a revenue of $412.5 million, compared with the revenue of $512.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.6 billion, a decrease of 13.7% from the previous year. For the last five years Pier 1 Imports Inc had an average revenue decline of 2.4% a year.

The reported loss per diluted share was $2.46 for the year, compared with the earnings per share of $0.37 in the previous year. The Pier 1 Imports Inc had an operating margin of -12.11%, compared with the operating margin of 1.54% 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 5 (out of 10).

At the end of the fiscal year, Pier 1 Imports Inc has the cash and cash equivalents of $54.9 million, compared with $135.4 million in the previous year. The long term debt was $245.6 million, compared with $197.9 million in the previous year. Pier 1 Imports Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $0.77, Pier 1 Imports Inc is traded at 91.7% discount to its historical median P/S valuation band of $9.33. The P/S ratio of the stock is 0.04, while the historical median P/S ratio is 0.49. The stock lost 69.99% during the past 12 months.

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