Fort Worth, Texas -- Pier 1 Imports Inc. said that its total revenue for the fourth quarter, ended Feb. 25, increased a better-than-expected 11.8% to $477 million. Same-store sales rose 10.3%.
The chain said total revenue for the fiscal year ended Feb. 25 climbed 9.8% to $1.53 billion.
The home décor retailer is upbeat about its first-quarter prospects.