Kirkland (NASDAQ:KIRK) announced that it lost two cents per share in its fiscal third quarter. Analysts had expected a loss of 5 cents per share. The company attributed the loss to weak sales, and well as higher input costs. Net sales declined to $96.7 million from $97.1 million in the same period last year, below estimates of $98 million.
Shares are lower by about 3.3 percent.
Zale (ZLC) announced that it lost $28.3 million, or 88 cents per share, versus a loss of $31.9 million, or 99 cents per share, in teh same period last year. Analyst had expected a loss of 68 cents per share. Revenue increased by 1.8 percent to $357.5 million, while analysts expected revenue of $365.6 million.
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