Morning Market Losers
Zale (NYSE: ZLC) fell 29.44% to $5.25 at 9:57 am. Zale reported a wider-than-expected fiscal first-quarter loss.
Scholastic (NASDAQ: SCHL) shares dipped 18.63% to $25.91. Scholastic lowered its 2013 forecast.
Tilly's (NYSE: TLYS) shares lost 18.52% to $12.76. Tilly's reported its Q3 profit at $0.33 per share on revenue of $125 million. However, analysts were expecting earnings of $0.30 per share on revenue of $128.7 million.
Kid Brands (NYSE: KID) dropped 16.11% to $1.50. Kid Brands reported a 12.3% drop in its Q3 net sales.
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