T 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 15, 2004

                              PIER 1 IMPORTS, INC.
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             (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 15, 2004 containing the financial
                  results for the first quarter ended May 29, 2004.

ITEM 12.          RESULTS OF OPERATIONS AND FINANCIAL CONDITION

The information  contained in this Current Report is being furnished pursuant to
"Item 12. Results of Operations  and Financial  Condition".  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 15, 2004, Pier 1 Imports,  Inc. (the  "Company")  issued a press release
announcing the Company's  financial  results for the first quarter ended May 29,
2004. 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, 2004       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 15, 2004  containing  the financial
                    results for the first quarter ended May 29, 2004.


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