Zale Corp. (ZLC) Posts Narrower than Expected Q4 Loss; Sees Net Income in FY13

August 29, 2012 7:36 AM EDT Send to a Friend
Get Alerts ZLC Hot Sheet
Trade ZLC Now!
Join SI Premium – FREE
Zale Corp. (NYSE: ZLC) reported Q4 EPS of ($0.81), $0.03 better than the analyst estimate of ($0.84). Revenue for the quarter came in at $407 million versus the consensus estimate of $405.38 million.

Comparable store sales increased 8.3%.

Based on the current momentum of the business and the recent debt refinancing, the company expects to achieve positive net income for fiscal year 2013.

For earnings history and earnings-related data on Zale Corp. (ZLC) click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Retail Sales

Related Entities

Earnings

Add Your Comment