UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT
   Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

         Date of Report (Date of earliest event reported) June 17, 2003

                              PIER 1 IMPORTS, INC.
                    ---------------------------------------
             (Exact name of registrant as specified in its charter)


Delaware                              1-7832                 75-1729843
- --------                             -------                 ----------
(State or other jurisdiction of   (Commission file number) (I.R.S. Employer
incorporation or organization)                            Identification Number)


             301 Commerce Street, Suite 600, Fort Worth, Texas 76102
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          (Address of principal executive offices, including zip code)


                                 (817) 252-8000
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              (Registrant's telephone number, including area code)








Item 7.    Financial Statements, Pro Forma Financial Information and Exhibits

          (c)  Exhibits.

           Exhibit No.        Description


                  99.1        Press release dated June 17, 2003 containing the
                              financial results for the first quarter ended
                              May 31, 2003.

Item 9.  Regulation FD Disclosure

         The information contained in this Item 9 of this Current Report is
         being furnished pursuant to "Item 12. Results of Operations and
         Financial Condition" in accordance with SEC Release No. 33-8216. The
         information in this Current Report on Form 8-K and the exhibit attached
         hereto shall not be deemed to be filed for the purposes of Section 18
         of the Securities and Exchange Act of 1934, as amended, or otherwise
         subject to liabilities of that section or Sections 11 and 12(a)(2) of
         the Securities Act of 1933, as amended.

         On June 17, 2003, Pier 1 Imports, Inc. (the "Company") issued a press
         release announcing the Company's financial results for the first
         quarter ended May 31, 2003. A copy of this press release is attached
         hereto as Exhibit 99.1.


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                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                 PIER 1 IMPORTS, INC.

Date:   June 17, 2003        By: /s/ J. Rodney Lawrence
      ---------------------      ----------------------------
                                 J. Rodney Lawrence, Executive Vice President
                                 and Secretary

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                                  EXHIBIT INDEX



Exhibit No.        Description


 99.1              Press release dated June 17, 2003  containing the financial
                   results for the first quarter ended May 31, 2003.


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