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Earnings Expectations for the Week of April 2 (KMX, MON, STZ)
Sunday, April 1, 2012 - 10:15am | 906A new calendar quarter has begun, but the new earnings season does not kick off until Alcoa (NYSE: AA) reports its first-quarter results on April 10, followed shortly thereafter by reports from JP Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC). This week, the most prominent reports will come from...
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Cost Plus and Pier 1 to Open Near 52-Week Highs
Thursday, January 26, 2012 - 7:34am | 680The Nasdaq closed up more than 1%, the Dow and S&P 500 less than 1%, yesterday. Plenty of stocks rose to new 52-week highs during the trading session. Among them were Cost Plus World Market (NASDAQ: CPWM) and Pier 1 Imports (NYSE: PIR), which reached multiyear highs of $13.54 and $15.80 per...
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Bed Bath & Beyond Earnings Preview
Tuesday, December 20, 2011 - 7:51am | 595Bed Bath & Beyond (NASDAQ: BBBY) is scheduled to report fiscal third-quarter 2011 results Wednesday, December 21, after the markets close. Though the stock is trading near a multiyear high, analysts' sentiment has been waning over the past three months. Investors will be looking for another in...
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Earnings Expectations for the Week of December 12
Sunday, December 11, 2011 - 12:13pm | 910Again this week, things will be fairly quiet on the earnings front. Among the week's most high profile quarterly reports are those from Best Buy (NYSE: BBY) and Darden Restaurants (NYSE: DRI), which are forecast to post lower per-share earnings, as well as Discover Financial (NYSE: DFS) and FedEx (...
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Wedbush Comments On Pier 1 Q1 Results
Tuesday, June 14, 2011 - 9:08am | 85According to Wedbush, Pier 1 Imports (NYSE: PIR) will report Q1 results before market open on Thursday, June 16. Wedbush said that On June 2, the company introduced guidance for Q1 EPS of $0.11- $0.12, which was above the estimate of $0.07 and consensus of $0.09. “Raising our price target to $15 (...
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Wedbush Raises PT On Pier 1 Imports To $15
Tuesday, June 14, 2011 - 6:22am | 27Wedbush Securities has raised the price target on Pier 1 Imports (NYSE: PIR) from $14.50 to $15 and maintains its Outperform rating.
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Oppenheimer Expects Solid Report from Pier 1 Imports
Wednesday, June 1, 2011 - 7:14am | 89According to a recent report from Oppenheimer, Pier 1 Imports (NYSE: PIR) is expected to report strong sales for Q1 due on Thursday, June 2. Due to the optimism surrounding the upcoming report, Oppenheimer reiterates an Outperform rating on PIR and maintains a $14.00 price target. In the report,...
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Wedbush Reiterates Outperform Rating On Pier 1
Tuesday, April 5, 2011 - 8:09am | 140According to Wedbush, Pier 1 Imports (NYSE: PIR) will report Q4 results before market open on Thursday, April 7. Wedbush reported that merchandise margins have been driven by less promotional and clearance pricing, lower vendor and supply chain costs, and well managed inventory. “Previously...
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A Big Day In Retail? (BBBY, WSM, PIR)
Thursday, December 23, 2010 - 10:44am | 98Could today be a huge day for major luxury retailers? Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported a solid EPS of $0.74, and the stock is trading up nearly 6% today. Williams-Sonoma, Inc. (NYSE: WSM), which declared a cash dividend of $0.15, is trading up 1.29%. Pier 1 Imports, Inc. (NYSE:...
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Pier 1 Imports (PIR) Sees Q3 Profit Rise
Thursday, December 17, 2009 - 8:17am | 65Pier 1 Imports (NYSE: PIR) said that it posted a third-quarter profit of $38.8 million, or 37 cents per share, up from a loss of $36.9 million, or 41 cents a share, for the same period in the previous year. Sales rose to $327.1 million, from last year's $300.9 million. CEO Alex Smith said that he...