Zale Corporation, (ZLC, 6.84)through its subsidiaries, operates as a specialty retailer of fine jewelry in North America. The companys Fine Jewelry segment offers diamond jewelry primarily in the bridal and fashion segments under the Zales Jewelers brand through 650 stores in 50 states and Puerto Rico; jewelry in various categories, including bridal designs, branded watches, gemstones, gold merchandise, and diamond fashion and solitaire products under the Gordon's Jewelers brand through 168 stores in 27 states and Puerto Rico; and gold jewelry, gemstone jewelry, and watches under the Peoples Jewellers and Mappins Jewellers brands through 213 stores in 9 provinces in Canada. This segment also operates in outlet malls and neighborhood power centers that provide branded watches, gemstones, gold merchandise, and diamond fashion and solitaire products through 132 Zales Outlet stores in 35 states and Puerto Rico; and sells its products through e-commerce sites, such as zales.com, zalesoutlet.com, gordonsjewelers.com, and peoplesjewellers.com. The companys Kiosk Jewelry segment offers gold and silver products, including bracelets, earrings, charms, rings, 14 karat and 10 karat gold chains, and silver and diamond jewelry under Piercing Pagoda, Plumb Gold, and Silver and Gold Connection brands through 666 mall-based kiosks in 41 states and Puerto Rico. In addition, Zale Corporation provides insurance and reinsurance facilities for various types of insurance coverage, such as merchandise replacement coverage and credit insurance coverage. The company was founded in 1989 and is based in Irving, Texas. Its EPS of fiscal 2013 and 2014 is estimated at $0.27 and $0.49 estimated respectively. It represents a turn-around and an increase of 81% from prior year. Buy it at $6.30-6.62, sell it at $11-12 and stop loss at $6.00.
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