This morning, Zale (NYSE:ZLC) reported fiscal fourth quarter loss of $8 million, or 25 cents per share, as revenue climbed to $417.1 million. The company said despite the loss in the fourth quarter, it was still able to post a full year profit -- the first since 2008. In the report, the company said same store sales increased 5.6%, topping analysts' estimates easily. In early trading, shares of ZLC were sharply higher, gaining more than 10% so far.
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