On Feb. 21, specialty retailer Zale (NYSE:ZLC) released second-quarter earnings for the period ended Jan. 31.

  • Quarterly revenue rose 2.6% from the same quarter last year to $1.004 billion.
  • Same-store sales grew 1.4%, the first comparable sales growth in three years.
  • The company expects earnings per share of $1.46 to $1.52 for the 2007 fiscal year.
  • The underperformers outnumber the outperformers by a 2-to-1 margin in our free Motley Fool CAPS service.

(Figures in millions, except per-share data)

Income Statement Highlights

Q2 2007

Q2 2006

Change

Sales

$1,004.5

$993.7

1.1%

Net Profit

$88.1

$87.8

0.3%

EPS

$1.80

$1.78

1.1%

Diluted Shares

49.0

49.3

(0.7%)



Get back to basics with a look at the income statement.

Margin Checkup

Q2 2007

Q2 2006

Change*

Gross Margin

50.7%

50.2%

0.5

Operating Margin

14.6%

12.6%

2.0

Net Margin

8.8%

8.8%

(0.1)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q2 2007

Q2 2006

Change

Cash + ST Invest.

$32.3

$37.5

(13.8%)

Inventory

$1,118.2

$957.4

16.8%



Liabilities

Q2 2007

Q2 2006

Change

Accounts Payable*

$408.2

$449.3

(9.2%)

Long-Term Debt

$232.7

$120.0

93.9%

*Includes accrued liabilities.

Learn the ways of the balance sheet.

Cash Flow Highlights

Data not available.

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Blue Nile is both a Hidden Gems and Rule Breakers recommendation.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.