By  on February 27, 2014

Zale Corp. posted a higher second quarter profit even though revenues slipped in the period.

For the three months ended Jan. 31, net income rose 23.2 percent to $50.8 million, or $1.13 a diluted share, from $41.2 million, or $1.02, a year ago. Revenues in the quarter slid 2.1 percent to $656.4 million from $670.8 million, while comparable-store sales rose 0.6 percent.

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