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Pier 1 Imports, Inc. (Pier 1 or ’the company’) is a retailer of imported decorative home furnishings and gifts. The company operates 982 stores in the US and 80 stores in Canada under 'Pier 1 Imports' brand name. It is headquartered in Fort Worth, Texas and employed about 21,400 people as of March 2, 2013, of whom 17,700 were part-time employees. The company recorded revenues of $1,704.9 million in the financial year ended February 2013 (FY2013), an increase of 11.2% over FY2012. The operating profit of the company was $199 million in FY2013, an increase of 28.5% over FY2012. The net profit was $129.4 million in FY2013, a decrease of 23.4% compared to FY2012. The company's financial year ends on the Saturday closest to February 28. FY2013 was a 53-week period and FY2012 was a 52-week period.
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