Pier 1 said more foot traffic in stores helped sales rise 8 percent.
(Emile Wamsteker/Bloomberg News/File)
MARKET MOVERS
Fort Worth-based Pier 1 Imports Inc. jumped after the home furnishings retailer forecast fiscal second-quarter profit of 10 cents to 12 cents a share, compared with an average estimate of 8 cents. Pier 1 said sales rose 8 percent from a year earlier on margin improvements and more foot traffic in its stores. Sales at stores open at least a ... (Full article: 136 words)
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