The shares have crashed on declining sales and margins and increasing losses, and the CEO resigned after further setbacks in Q3. The new CEO has experience with turning around struggling retail outfits and a modicum of optimism has returned to shareholders with the stock price well off the lows. While management still has considerable time […]
Entries Tagged as 'PIR'
February 25th, 2019 · Comments Off on Pier 1 Imports: A Risky Turnaround Play