Pier 1 Imports: Reports IQ 2019 Financial Results

Another retailer is having serious problems: Pier 1 Imports. The Company reported very poor IQ 2019 results. We’ve updated the Company File. The two BDCs (MAIN & HMS Income) with $16mn at risk must be worried about further unrealized write-downs in the short run and – medium term – non accrual of interest and realized losses.