Active Runners Buzz: Pier 1 Imports Inc (NYSE:PIR), Ingram Micro Inc. (NYSE:IM)

On Wednesday, Shares of Pier 1 Imports Inc (NYSE:PIR), included 0.48% and shut at $6.24 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $6.14 and $6.54. The business’ commercial center capitalization is $551.31 Billion with the aggregate fabulous loads of 83.09 million. Pier 1 Imports, Inc. (PIR) recently updated its third quarter fiscal 2017 financial guidance to reflect recent business trends.

“Our merchandise, promotional and marketing programs are resonating well with our customers,” said Alex W. Smith, President and Chief Executive Officer. “Comparable sales quarter-to-date through October grew at a low single-digit rate. The election appears to have disrupted sales during the first ten days of November but we anticipate that sales trends will improve as we move through the month. We are seeing strength in our gross margin – a result of great merchandise, balanced promotional activity and efficiency improvements in the supply chain. Based on trends so far this quarter, we now expect our fiscal third quarter results to be at the high-end of our formerly guided ranges for comparable and net sales, merchandise margin, earnings per share and adjusted earnings per share.”

Shares of Ingram Micro Inc. (NYSE:IM), subtract -0.30% and shut at $38.38 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $38.37 and $38.51. The association’s commercial center capitalization is $5.73 Billion with the general uncommon loads of 149.70 million. To encourage local residents to responsibly dispose of old technology, Ingram Micro Inc. ( NYSE : IM ) is hosting a free electronics recycling event on Sunday, Nov. 27 from 10 am to 4 pm at the Boca Park shopping center in the parking lot of the now-closed Haggen grocery store located at 820 S. Rampart Blvd, Las Vegas.

Inspired in part by the Ingram Micro ONE event taking place later this month at the Aria Resort and Casino, Ingram Micro’s inaugural pop-up “Recycle IT for Free” event is a call to action for Las Vegas residents to drive in and drop off unwanted or unusable technology without worry or their wallet. Additional recycling events will take place in 2017.

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