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Pier 1 Continues to Erode: Fool by Numbers

On Dec. 14, home-furnishing retailer Pier 1 (NYSE: PIR  ) released its third-quarter earnings for the period ended Nov. 25.

  • Sales continue to fall at this troubled retailer. Total sales for the quarter declined 11.8%, while same-store sales fell 12.9%.

  • Fewer sales using more promotional techniques and markdowns dragged the gross margin down 5.7 percentage points. Yikes! At least inventory is coming down.

  • Thirty-nine of 78 investors think Pier 1 will outperform the S&P 500 in our new community intelligence service, Motley Fool CAPS. What do you think? Sign up today and let your voice be heard.

(Figures in millions, except per-share data)

Income Statement Highlights

Q3 2007

Q3 2006






Net Loss*








Diluted Shares




*Net loss from continuing operations.

Get back to basics with a look at the income statement.

Margin Checkup

Q3 2007

Q3 2006


Gross Margin




Operating Margin




Net Margin




*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights


Q3 2007

Q3 2006


Cash + ST Invest.




Accounts Rec.









Q3 2007

Q3 2006


Accounts Payable




Long-Term Debt




*Includes securitized receivables.

Learn the ways of the balance sheet.

Cash Flow Highlights

YTD 2007

YTD 2006


Cash From Ops.




Capital Expenditures




Free Cash Flow




Find out why Fools always follow the money.

Related Companies:

  • Bed Bath & Beyond (Nasdaq: BBBY  )
  • Restoration Hardware (Nasdaq: RSTO  )
  • Williams-Sonoma (NYSE: WSM  )

Related Foolishness:

Bed Bath & Beyond is both anInside Valueand aStock Advisorselection.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so for more of our in-depth discussion of what the numbers mean.

At the time of publication, David Meier did not own shares in any of the companies mentioned. Fool rules for disclosure are here.

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Related Tickers

11/24/2015 4:01 PM
PIR $6.81 Up +0.21 +3.18%
Pier 1 Imports, In… CAPS Rating: **
BBBY $54.13 Up +1.24 +2.34%
Bed Bath & Beyond CAPS Rating: ***
WSM $64.18 Up +0.55 +0.86%
Williams-Sonoma CAPS Rating: ***