3 Stocks Generating Trader Attention Following Earnings Releases

Zale Corporation’s (NYSE:ZLC) first quarter loss narrowed, beating estimates. Loss narrowed to $31.9 million (loss of 99 cents per diluted share) from $97.9 million (loss of $3.05 per share) in the same quarter a year earlier. Revenue rose 7.3% to $351 million from the year earlier quarter. ZLC beat the mean analyst estimate of a loss of $1.42 per share. It beat the average revenue estimate of $338.6 million.

“Our performance this quarter demonstrates the progress we are making towards returning the Company to profitability,” commented Theo Killion, Chief Executive Officer. “We’ve now achieved top line growth in four consecutive quarters, and our efforts to expand operating margins are gaining traction.”

Competitors to Watch: Blue Nile, Inc. (NASDAQ:NILE), DGSE Companies, Inc. (AMEX:DGSE), Coach, Inc. (NYSE:COH), Signet Jewelers (NYSE:SIG), Amazon.com (NASDAQ:AMZN), eBay (NASDAQ:EBAY), Nordstrom (NYSE:JWN) and Macy’s (NYSE:M).

Tyson Foods Inc. (NYSE:TSN) in the fourth quarter as profit dropped from a year earlier. Net income for Tyson Foods Inc. fell to $97 million (26 cents per share) vs. $213 million (57 cents per share) a year earlier. This is a decline of 54.5% from the year earlier quarter. Revenue  rose 12.9% to $8.4 billion from the year earlier quarter.  TSN fell short of the mean analyst estimate of 31 cents per share. It beat the average revenue estimate of $8.2 billion.

“In fiscal 2011, we produced record sales and our second best EPS in company history despite record input costs, which included $675 million in additional feed and ingredient costs in our Chicken segment,” said Donnie Smith, Tyson’s president and chief executive officer. “This is a testament to our quality, service and innovation and our focus on business fundamentals and operational efficiencies across all segments of our business.”

Competitors to Watch: Smithfield Foods, Inc. (NYSE:SFD), Hormel Foods Corporation (NYSE:HRL), Sanderson Farms, Inc. (NASDAQ:SAFM), Pilgrim’s Pride Corp. (NYSE:PPC), ZHONGPIN INC. (NASDAQ:HOGS), Diamond Ranch Foods, Ltd. (DRFO), Seaboard Corporation (AMEX:SEB), and Energroup Holdings Corp (ENHD).

 Jack In The Box Inc.  (NASDAQ:JACK) reported net income above Wall Street’s expectations for the fourth quarter. Net income for Jack In The Box Inc. rose to $22.7 million (49 cents per share) vs. $4 million (7 cents per share) in the same quarter a year earlier. This marks a substantial increase from the year earlier quarter. Revenue fell 10.5% to $504.2 million from the year earlier quarter. JACK beat the mean analyst estimate of 41 cents per share. It beat the average revenue estimate of $491.5 million.

Linda A. Lang, chairman, chief executive officer and president, said, “Jack in the Box company same-store sales increased 5.8 percent in the fourth quarter, ahead of our expectations, as sales and traffic accelerated in the last two months of the quarter. On a two-year cumulative basis, this represented our fifth consecutive quarter of sequentially improving company same-store sales trends. We believe these results have been largely driven by the investments we have made to enhance the entire guest experience at the Jack in the Box brand.”

Competitors to Watch: McDonald’s Corporation (NYSE:MCD), Good Times Restaurants Inc. (NASDAQ:GTIMD), Yum! Brands, Inc. (NYSE:YUM), Carrols Restaurant Group, Inc. (NASDAQ:TAST), Sonic Corporation (NASDAQ:SONC), Wendy’s Arby’s Group Inc. (NYSE:WEN), Morgan’s Foods, Inc. (MRFD), Ruby Tuesday, Inc. (NYSE:RT), Panera Bread Company (NASDAQ:PNRA), and Starbucks Corporation (NASDAQ:SBUX).

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