Zale Posts Narrower-Than-Expected Q4 Loss

Zale Corp ZLC reports its Q4 loss at $0.89, as compared to the expected loss of $1.21. ZLC reports its Q4 revenue at $345 million, versus the consensus of $354.63 million. ZLC shares jumped 10.05% to close at $2.19 on Friday. Read more from Benzinga's Company news.