Zale Corporation (ZLC) reported a second-quarter profit of $41.20 million, or $1.02 per share, higher than $28.83 million, or $0.77 per share in the previous year period. On average, four analysts polled by Thomson Reuters expected the company to report a profit of $0.99 per share. Analysts' estimates typically exclude special items.
Meanwhile, revenues were $670.75 million, a slight increase from $663.76 million in the comparable quarter prior year, while two analysts had a consensus revenue estimate of $667.34 million for the quarter.
Looking forward, as announced previously, the company expects to achieve positive net income for fiscal year 2013. The Street expects the company to report earnings of $0.17 per share for 2013.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.