The specialty retail industry closed the day up 0.3%. Lentuo International Inc ( LAS), iParty Corporation ( IPT), Bluefly Inc ( BFLY), and PC Mall Inc ( MALL) were all decliners today within the specialty retail industry with Zale Corporation ( ZLC) being today's featured specialty retail loser. Zale Corporation fell 14 cents (-4%) to $3.39 on average volume. Throughout the day, 927,726 shares of Zale Corporation exchanged hands as compared to its average daily volume of 835,000 shares. Zale Corporation, through its subsidiaries, operates as a specialty retailer of fine jewelry in North America. Zale Corporation has a market cap of $101 million and is part of the services sector. Shares are down 26.3% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Zale as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share.
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