Zale Corp. (ZLC) Reports A Wider Than Expected Q3 Loss, Q3 Loss of $0.73

May 27, 2009 8:43 AM EDT

Zale Corp. (NYSE: ZLC) reports Q3 EPS of ($0.73) versus the analyst estimate of ($0.46). Revenue for the quarter was $379.1 million, versus the consensus of $428.45 million.

As of April 30, 2009, Zale Corp. had outstanding debt of $333 million, a reduction of $57 million from the second quarter of fiscal 2009.

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