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Zale Corporation (ZLC): Shares define bullish 'pennant' formation |
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| Sep 10, 2008 10:30 AM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Earnings reports, Wal-Mart (WMT), Technical Analysis, Stocks to Buy Zale Corporation (NYSE: ZLC) is The firm surprised investors late last month, when it reported a Q4 loss of 48 cents and revenues of $456.2 million. Analysts had been looking for a loss of 57 cents and $448.9 million. There was a 6.1% year over year increase in Q4 comparable store sales. Management also guided FY09 EPS to $1.10-$1.25, versus Street consensus of 90 cents. The CEO spoke of implementing programs designed to simplify product assortment and eliminate organizational redundancies. Continue reading Zale Corporation (ZLC): Shares define bullish 'pennant' formation Permalink | Email this | Comments<map name="google_ad_map_145-1310010"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1310010?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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