TheNewsRoom | Retail Earnings: Pier 1, Rite Aid

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Retail Earnings: Pier 1, Rite Aid

December 17, 2010

Pier 1 Imports (PIR) posted a decline in earnings today that nevertheless exceeded analyst expectations. The housewares retailer said earnings fell to $21 million, or $0.18 per share, compared to $38.8 million, or $0.37 per share, in the same quarter last year.