Investcraft – The Art of Investing

Pier One Imports (NYSE: PIR) reported earnings that beat expectations today. They reported a net loss of $0.17 per share vs. $0.22 street consensus. It looks like things are finally turning around for Pier One. Sales are still weak but they have reduced SGA costs and improved operating margins significantly [...]

I’ve been watching this stock for quite some time and finally pulled the trigger today and bought it. I’ve always been on the edge about this stock because of the bad retail environment but the better-than-expected consumer confidence index report today pushed me over the edge.
I think with the upcoming Holiday season, the improving [...]