- Pier 1 Imports (PIR -3%) is down again on high volume as confidence in the retailer remains shaky following its bungled Q4 report.
- Though valuation on Pier 1 is now at a level below that of its sector peers, management's inability to issue on-target guidance remains a concern for some.
- Previously: Pier 1 -31.1% on FY15 warning; CFO retires (Feb. 10 2015)