Is Pier 1 done?
Inside Pier 1 stores this holiday season employees are busy helping shoppers finish up their shopping lists. Back at Pier 1 headquarters finance staff are getting ready for their quarterly earnings call, scheduled for this Wednesday, December 18th.
![](https://optimise2.assets-servd.host/link-up/production/images/blog-thumbnails/Analytics.jpg?w=1080&auto=compress%2Cformat&fit=crop&dm=1680127956&s=fb6f34bf780a6a5e8587efc07a8594a5)
Inside Pier 1 stores this holiday season employees are busy helping shoppers finish up their shopping lists. Back at Pier 1 headquarters finance staff are getting ready for their quarterly earnings call, scheduled for this Wednesday, December 18th.
In anticipation of the earnings call, we did a quick analysis of Pier 1’s job listings data to see what hiring activity might suggest about its performance this quarter. We found that the home furnishings retailer had a decline in job listings for 4 of the past 5 months. Further, we saw a relationship between job listings and stock price, as Pier 1’s job listings were down 36% since the middle of September, while their stock price was down 37% over the same period.
![Pier 1 Jobs and Adjusted Closing Stock Price](https://blog.linkup.com/wp-content/uploads/2019/12/Pier1JobsVsStockPrice-1024x459.jpg)
The decrease in job listings is unusual for a retail company during the holiday shopping season. This could be a sign of lackluster sales and an attempt to reduce expenses.
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