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More on Zale's (ZLC +6.6%) FQ2: The company backs its previous forecast that it will return to...

More on Zale's (ZLC +6.6%) FQ2: The company backs its previous forecast that it will return to profitability for FY13 after its holiday season came in stronger than expected. Same-store sales were up 2.8% during the period. On the earnings call (webcast, slides), execs note the retailer boosted profitability by lowering interest expenses. For the current month, they warn February sales started off slowly before picking up around Valentine's day.
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