Posting its fifth consecutive quarter in the black, Fort Worth, Texas-based Pier 1 Imports reported third-quarter sales of $353.8 million, up from $327.1 million in the same three months last year.
Comp-store sales for the quarter increased 10.2%.
"With sales and margins exceeding our expectations and the overall leveraging of expenses, we are reporting net income for our fifth consecutive quarter," said Alex W. Smith, president and CEO.