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Pier 1 Imports 1Q profit up on full-priced selling

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FORT WORTH, Texas (AP) — Pier 1 Imports' first-quarter net income rose 14 percent, buoyed by strong full-priced selling of its home decor items. The chain's earnings and revenue results matched Wall Street's expectations. The company raised its fiscal 2014 earnings forecast. For the period ended June 1, the Fort Worth, Texas, company earned $20.3 million, or 19 cents per share. A year earlier...

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