Zale anticipates smaller 3rd-quarter loss than Wall Street

By Associated Press May 8, 2008 Comments (0)

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Specialty jeweler Zale Corp. said Thursday it expects a smaller third-quarter loss from continuing operations than what analysts have forecast.

The company anticipates a loss for the period ended April 30 between 40 cents and 45 cents per share.

Analysts predict a loss of 49 cents per share, according to a Thomson Financial poll. Estimates typically exclude one-time items.

Zale will report third-quarter financial results on May 22. The company runs 2,200 retail locations in the United States, Canada and Puerto Rico.

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DocumentId: 640303, ~/articles/articlehandler.aspx, 5/22/2008 3:57:02 PM

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