Pier 1 Imports (PIR) reported its second quarter results after the market closed. Pier 1 stock dipped about 3% as it missed analysts’ estimates on the sales front. Comp-store sales dropped 11.4% as the retailer is undergoing a planned transition which is expected to yield results in the next couple of years. The adjusted loss … Continue reading Pier 1 stock plunges on disappointing Q2 results