Seeking Alpha

Zale's (ZLC -4.4%) moves lower with the retailer's earnings miss from earlier this week still...

Zale's (ZLC -4.4%) moves lower with the retailer's earnings miss from earlier this week still tipping sentiment. In an earnings conference call, execs blamed part of the decline in same-store sales growth on higher employee benefit costs and the impact of Hurricane Sandy, but the slide in shares this week suggests traders aren't buying that entirely.
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