GLG News Analyses of the following article: Zale Corporation Reports EPS Loss of $0.42 for the Third Quarter of Fiscal 2008
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Published at: www.businesswire.com
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Will Zale's Luck Continue?
May 23, 2008
By most measure Zale got lucky in its third quarter posting higher sales and a lower than expected loss. Now investors are rewarding the company with higher stock prices betting Zale will achieve its estimated FY 2009 earnings. Here's why it may not be such a good bet.
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