News - Pier 1 Imports Inc.
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Pier 1 Imports, Inc. (the "Company") (NYSE:PIR) announced today that it has entered into an agreement to sell its corporate headquarters facility located in Fort Worth, Texas to a subsidiary of Chesapeake Energy Corporation (NYSE:CHK).
By Sheryl Jean, Fort Worth Star-Telegram, Texas Dec. 20--FORT WORTH -- Shares of Pier 1 Imports Inc. soared nearly 40 percent today as the home furnishings retailer reported that its fiscal third-quarter net loss narrowed from last year because of cost cuts.
By Maria Halkias, The Dallas Morning News Dec. 20--Fort Worth-based Pier 1 Imports Inc. reported a smaller third-quarter loss Thursday as it cut costs and improved margins. The home furnishings chain reported net income of $10 million, or 11 cents a share, in the period ended Dec.
