Pier One Executive Summary

365 Words2 Pages
Three publicly traded companies have been analyzed: Pier One Imports (PIR), Bed Bath and Beyond (BBBY) and Overstock.com (OSTK). These companies have been investigated through probing the Annual Report, Balance Sheet and Management;s Discussion and Analysis. The working capital has been computed, as well as, current and quick ratios. Pier One Imports (PIR) is operating with a working capital of $621M. The current ratio equates to 3.2 and the quick ratio is 1.5. All of these numbers are promising and prove Pier One is a solid investment with solid working capital and favorable ratios. According to the MD&A, Pier One has experience and increase in net sales over 2013 due to new and different brand offering, increased online sales and an

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