April 11, 2013 at 10:32 AM EDT
Pier 1 Under Q4 Sales Views; Bed Bath & Beyond Gains
Shares of Pier 1 Imports (PIR) moved lower on the stock market today after the home furnishings retailer fell short of fourth-quarter earnings and revenue views and offered a disappointing outlook. Meanwhile, shares of fellow home furnishings retailer Bed Bath & Beyond (BBBY) rose 2.7% to a seven-month high of 67.70 early Thursday following its Q4 report, which came after Wednesday's close. Pier 1 reported Q4 earnings of 58 cents a share, up from
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