Cramer's Earnings Preview for Pier 1 Imports
"Mad Money" host Jim Cramer is anticipating quarterly results from home furnishings retailer Pier 1 Imports, which is slated to deliver earnings before Thursday’s opening bell.
Pier 1 Imports had long stuggled, but as Cramer has reported previously, it has done a good job of turning things around so far. The retailer has sought to improve its ecommerce efforts, for example, and Cramer is interested to see how it did.
“I know some people are worried because the company did run some end of summer clearance sales, but I feel confident that the best is still ahead for this stock,” Cramer said.
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