News Summary

Shares of Zale Corp ZLC surged about 13.5% after the retailer reported its FQ2 profit at $27.2 million, or $0.73 per share, versus $6.66 million, or $0.21 per share, in the year-earlier period. Excluding a loss from discontinued operations, the company's earnings came in at $0.74 per share. ZLC's sales increased to $626.4 million from $582.3 million. The retailer's same-store sales increased 7.9%. Shares of DirecTV DTV rose about 5.5% after the company swung to a Q4 profit of $618 million, or $0.74 per share, from a loss of $32 million, or $0.03 per share, in the year-ago period. The company's revenue increased to $6.62 billion from $5.98 billion. However, analysts were expecting earnings of $0.63 per share on revenue of $6.52 billion. Shares of Dollar Tree Inc DLTR fell about 2.2% after the company posted its Q4 net income at $162.5 million, or $1.29 per share, compared with $135 million, or $1.01 per share, in the year-earlier period. DLTR's revenue increased to $1.73 billion from $1.56 billion. However, analysts were expecting earnings of $1.27 per share on revenue of $1.75 billion. Dollar Tree projected its Q1 earnings of $0.71 to $0.77 per share, versus analysts' estimates of $0.73 per share. Read more from Benzinga's Markets.