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More on Pier 1 Imports (PIR): Sales gain driven by improved store traffic and higher average...

More on Pier 1 Imports (PIR): Sales gain driven by improved store traffic and higher average ticket. Gross margin up 160 bps Y/Y to 41.2%. Expects comparable store sales growth in the mid single-digit range. Raises full-year EPS outlook to $1.10-$1.16, from prior guidance of $1.08-$1.14. Shares +1.3% premarket. (PR)
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