DALLAS, April 22, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Zale Corp. (NYSE:ZLC). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/ads/ZLC
Zale Corp. (ZLC) is a specialty retailer of fine jewelry. As of July 31, 2009, the Company operated 1,247 specialty retail jewelry stores and 684 kiosks located in shopping malls throughout the United States, Canada and Puerto Rico. It operates in three segments: Fine Jewelry, Kiosk Jewelry and All Other. During the fiscal year ended July 31, 2009 (fiscal 2009), the Fine Jewelry segment generated approximately 86% of the Company's net revenues, while the Kiosk Jewelry segment revenues represented 13% of total revenues. During fiscal 2009, the Company closed 191 underperforming locations, of which 160 were fine jewelry stores and 31 were kiosks.
Message Board Search for ZLC: http://www.boardcentral.com/boards/ZLC
In the report, the analyst notes:
"ZLC recently announced that for the second fiscal quarter ended January 31, 2010, it had net earnings of $6.7 million, or $0.21 per share, compared to a net loss of $31.8 million, or $1.00 per share, in the comparable period in fiscal 2009. Aggregate revenues were $582 million, a decrease of 14.3% compared to $679 million during the second fiscal quarter of 2009.
"Shares of ZLC rose after a report that the jewelry retailer is discussing the sale of a minority stake to private-equity firm Golden Gate Capital Corp. Shares jumped nearly 10% following the report in the Wall Street Journal."
To read the entire report visit: www.microstockprofit.com/ads/ZLC
See what investors are saying about ZLC at penny stock forum
MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com
MicroStockProfit.com Disclosure
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.