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 22, 2006



                              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             (I.R.S. Employer
 incorporation or organization)      File Number)         Identification Number)


                    100 Pier 1 Place, 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)



Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240-.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240-.13e-4(c))





Item 8.01   Other Events

     In a press release issued on June 22, 2006, Pier 1 Imports, Inc. announced
     that its Board of Directors declared a quarterly cash dividend of $0.10 per
     share on the Company's outstanding shares of Common Stock. A copy of the
     press release is attached hereto as Exhibit 99.1, is incorporated herein by
     reference, and is hereby filed.



Item 9.01   Financial Statements, Pro Forma Financial Information and Exhibits

     (c) Exhibits.

     Exhibit No.         Description

     99.1                Press release dated June 22, 2006 issued by Pier 1
                         Imports, Inc.





                                   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 22, 2006             By:   /s/ Michael A. Carter
       ---------------                  ----------------------------------------
                                        Michael A. Carter, Senior Vice President
                                        and General Counsel, Secretary





                                  EXHIBIT INDEX
                                  -------------


Exhibit No.       Description

99.1              Press release dated June 22, 2006 announcing that its Board of
                  Directors declared a quarterly cash dividend.