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Pier I sales up 10.2% in November


Fort Worth, Texas -- Pier 1 Imports said on Thursday that its same-store sales rose 10.2% for the quarter ended Nov. 27, a little better than it had expected when it made a prediction last month.

Third-quarter total revenue rose 8.3% to $354 million.

President and CEO Alex W. Smith said strong results in September and October carried into November and the Thanksgiving weekend. Pier 1 stores got more visitors who spent more money, compared with the same period last year, Smith said.

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