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| Date | Title | | | 11/20/09 | Zale to Announce First Quarter Fiscal 2010 Results| DALLAS--(BUSINESS WIRE)--Nov. 20, 2009--
Zale Corporation (NYSE: ZLC) announced that it plans to report financial
results for the first quarter ended October 31, 2009, on Tuesday,
November 24, 2009, before the market opens. Zale will host a conference
call at 10:00 a.m. ET the same day to discuss its financial results,
quarterly highlights and business outlook. Participants are encouraged
to listen to the presentation via webcast at http://www.zaleco... |
|  | | 10/29/09 | Zale Corporation Reports Fiscal 2009 Results| DALLAS--(BUSINESS WIRE)--Oct. 29, 2009--
Zale Corporation (NYSE: ZLC) today reported its financial results for
the fourth quarter and full year ended July 31, 2009. The Company
incurred a net loss for the year ended July 31, 2009 of $189.5 million,
or $5.94 per share, compared to a net loss from continuing operations of
$6.5 million, or $0.15 per share, in fiscal 2008. For fiscal year 2009,
revenues were $1.78 billion compared to $2.14 billion for fi... |
| | | 10/23/09 | Zale to Announce Fourth Quarter Fiscal 2009 Results| DALLAS--(BUSINESS WIRE)--Oct. 23, 2009--
Zale Corporation (NYSE: ZLC) announced that it plans to report financial
results for the fourth quarter and year ended July 31, 2009, on
Thursday, October 29, 2009, after market close. Zale will host a
conference call at 10:00 a.m. ET on Friday, October 30, 2009 to discuss
its fourth quarter and fiscal year 2009 business performance as well as
its business outlook for fiscal year 2010. Participants are encoura... |
| | | 09/08/09 | Zale Postpones Fourth Quarter Results| DALLAS--(BUSINESS WIRE)--Sep. 8, 2009--
Zale Corporation (NYSE: ZLC) today announced that it is postponing its
earnings release and investor conference call previously scheduled for
Wednesday, September 9 at 9:00 a.m. ET in order to finalize a review of
accounting for prepaid advertising costs that surfaced during the
Company’s year-end closing process. Once complete, the Company will
announce the date of its earnings call and provide additional deta... |
| | | 09/02/09 | Zale Reschedules Fourth Quarter Conference Call| DALLAS--(BUSINESS WIRE)--Sep. 2, 2009--
Zale Corporation (NYSE: ZLC), today announced that it has rescheduled
the release date for its fiscal 2009 financial results to Wednesday,
September 9, 2009 at 9:00 a.m. ET. During the finalization of the
Company’s year-end closing, certain non-cash adjustments were identified
impacting prior period results aggregating approximately $13.0 million
pre-tax, of which approximately $6.3 million relates to years pri... |
| | | 08/28/09 | Zale to Announce Fourth Quarter Results on Wednesday, September 2, 2009| DALLAS--(BUSINESS WIRE)--Aug. 28, 2009--
Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced that it plans to report
financial results for the fourth quarter and year ended July 31, 2009,
on Wednesday, September 2, 2009, before the market opens. Zale will host
a conference call at 9:00 a.m. ET the same day to discuss its financial
results, quarterly highlights and business outlook. Participants... |
| | | 08/07/09 | The Prestige Diamond Collection at Zales.com Helps Grooms Find "The One"|
Custom Engagement Rings Ensure Perfection at Every Decision Point
IRVING, Texas--(BUSINESS WIRE)--Aug. 7, 2009--
The Prestige Diamond Collection, exclusively at Zales.com, offers an
enormous online selection for grooms to handpick and create a custom
engagement ring and wedding band. With more than 30,000 diamonds and
2,000 unique settings and carat sizes ranging from 0.33 to an
unprecedented five carats, The Prestige Diamond Collection fro... |
| | | 08/06/09 | Zale Announces Real Estate Realignment| 118 Underperforming Retail Locations Closed $50 Million Pre-tax Charge to be Taken in Fourth Quarter Ended July 31, 2009, Including $23 Million to Cover Bailey, Banks & Biddle Contingent Liabilities Projected Net Cash Flow Benefit of $55 Million During Fiscal 2009 and 2010
DALLAS--(BUSINESS WIRE)--Aug. 6, 2009--
Zale Corporation (NYSE: ZLC) today announced that it closed 118
underperforming retail locations during the fiscal fourth quarter ended
July 31, 2009. Including... |
| | | 07/22/09 | Zale Names Richard A. Lennox as Its New Chief Marketing Officer| DALLAS, Jul 22, 2009 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced that Richard A. Lennox has
been named Executive Vice President, Chief Marketing Officer of the
Company, effective August 17, 2009. Mr. Lennox will report to Neal
Goldberg, Chief Executive Officer.
"Richard's in-depth knowledge of the diamond industry and his broad
experience in marketing and business developm... |
| | | 05/27/09 | Zale Reports Third Quarter Fiscal 2009 Results| DALLAS--(BUSINESS WIRE)--May. 27, 2009--
Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced a net loss from continuing
operations of $23.2 million, or $0.73 per share, compared to a loss of
$17.4 million, or $0.42 per share, for the third quarter ended April 30,
2009 and 2008, respectively. As compared with the prior year, earnings
per share were negatively impacted by $0.17 related to the 10 ... |
| | | 05/27/09 | Zale Corporation Names Matthew W. Appel as Its New Chief Financial Officer| DALLAS--(BUSINESS WIRE)--May. 27, 2009--
Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced that Matthew W. Appel has been
named Executive Vice President of the company, effective May 27, 2009.
Mr. Appel will become Chief Financial Officer on June 15, 2009, after
the company files its Form 10-Q. In his role as Zale’s new CFO, he will
report to Neal Goldberg, Chief Executive Officer.
... |
| | | 05/22/09 | Zale to Announce Third Quarter Results on Wednesday, May 27, 2009| DALLAS--(BUSINESS WIRE)--May. 22, 2009--
Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced that it plans to report
financial results for the third quarter ended April 30, 2009, on
Wednesday, May 27, 2009, before the market opens. Zale will host a
conference call at 9:00 a.m. ET the same day to discuss its financial
results, quarterly highlights and business outlook. Participants are
en... |
| | | 02/25/09 | Zale Reports Second Quarter Fiscal 2009 Results| Announces Additional $140 Million in Cost Savings and Inventory Reductions
DALLAS--(BUSINESS WIRE)--Feb. 25, 2009--
Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced a net loss from continuing
operations of $23.6 million, or $0.74 per share, for the second quarter
ended January 31, 2009, that includes approximately, on an after-tax
basis, (1) charges related to store impairments of $5.0 million, or... |
| | | 02/23/09 | Zale to Announce Second Quarter Results on Wednesday, February 25, 2009| DALLAS--(BUSINESS WIRE)--Feb. 23, 2009--
Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced it plans to report financial
results for the second quarter ended January 31, 2009, on Wednesday,
February 25, 2009, before the market opens. Zale will host a conference
call at 9:00 a.m. ET the same day to discuss its financial results,
quarterly highlights and business update. Participants are encoura... |
| | | 01/20/09 | Zale Corporation Announces Chief Financial Officer Change| DALLAS, Jan 20, 2009 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced Rodney Carter, Chief Financial
Officer, has left the Company effective immediately. Cindy Gordon has
assumed the role of Interim Chief Financial Officer while a search of
internal and external candidates is conducted for Mr. Carter's
replacement. Ms. Gordon will also continue to serve in her current role
... |
| | | 01/08/09 | Zale Corporation Announces 19.6% Comparable Sales Decrease for the Holiday Selling Season| DALLAS--(BUSINESS WIRE)--Jan. 8, 2009--Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today reported that comparable store sales
decreased 19.6% for the combined months of November and December 2008,
encompassing the entire holiday selling period. Total revenues for the
two-month period were $582 million compared to $723 million last year, a
decrease of 19.5%.
Within this two month period, Novembe... |
| | | 11/25/08 | Zale Corporation Reports First Quarter Fiscal 2009 Results| 3.7% decrease in first quarter comparable store salesDALLAS, Nov 25, 2008 (BUSINESS WIRE) Net loss per share of $1.43 for the first quarter
Net loss per share adjusted for total warranty sales of $1.33
Zale Corporation (NYSE: ZLC) today reported a net loss from continuing
operations of $45.3 million, or $1.43 per share for the first quarter
ended October 31, 2008, compared to a net loss from continuing
operations of $26.7 million, or $0.54 per share, for the prior yea... |
| | | 11/20/08 | Zale to Announce First Quarter Results on Tuesday, November 25, 2008| DALLAS, Nov 20, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced that it plans to report
financial results for the first quarter ended October 31, 2008, on
Tuesday, November 25, 2008, before the market opens. Zale will host a
conference call at 9:00 a.m. ET the same day to discuss its financial
results, quarterly highlights and business outlook. Participants are
enc... |
| | | 09/08/08 | Zale Corporation to Host Investor Day on Wednesday, September 10, 2008| DALLAS--(BUSINESS WIRE)--Sept. 8, 2008--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today announced that it will host an Investor Day on Wednesday,
September 10 starting at 8:30 a.m. Central Time. A live webcast of a
portion of the event that includes a formal management presentation as
well as questions and answers will be available on the Company's Web
site at www.zalecorp.com.
About Zale Corporation
Zale Corporation is a lea... |
| | | 08/28/08 | Zale Corporation Reports EPS Loss of $0.15 for the Fourth Quarter of Fiscal 2008| -- 6.1% increase in fourth quarter comparable store sales -- $127 million clearance inventory reduction in fiscal 2008 -- 17.6 million shares were repurchased in fiscal 2008; 36% reduction in outstanding shares -- Fiscal year 2009 EPS guidance of $1.10 - $1.25; EPS adjusted for total warranty sales of $2.35 - $2.50 -- Fiscal year 2009 Free Cash Flow guidance of $145 - $155 millionDALLAS, Aug 28, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
je... |
| | | 08/22/08 | Zale to Announce Fourth Quarter and Full Year 2008 Results on Thursday, August 28, 2008| DALLAS--(BUSINESS WIRE)--Aug. 22, 2008--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today announced that it plans to report financial results for the
fourth quarter and full year ended July 31, 2008, on Thursday, August
28, 2008, before the market opens. Zale will host a conference call at
9:00 a.m. ET the same day to discuss its financial results, quarterly
highlights and business outlook. Participants are encouraged to listen
to the p... |
| | | 08/05/08 | Zale Announces Executive Management Promotions| -- Theo Killion Named President -- Steve Larkin Promoted to Executive Vice President, Chief Marketing and E-Commerce OfficerDALLAS, Aug 05, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced the promotion of Theo
Killion to President. Mr. Killion, who has served as Executive Vice
President, Human Resources, Legal and Corporate Strategy since January
2008, will retain his current responsibilities in addition to ... |
| | | 08/05/08 | Zale Names Mary Kwan Executive Vice President, Chief Merchandising Officer| -- Alexandra Patton Sweeney Re-Joins Zale as Vice President,
Divisional Merchandise Manager
DALLAS--(BUSINESS WIRE)--Aug. 5, 2008--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today announced that Mary Kwan, a retail veteran with more than 25
years of merchandising experience, has been named Executive Vice
President, Chief Merchandising Officer. Ms. Kwan's responsibilities
will include oversight of the merchandising init... |
| | | 06/23/08 | Zale Names Yuval Braverman to Its Board of Directors| DALLAS, Jun 23, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, announced effective June 19, 2008, that
Yuval Braverman has been elected to its Board of Directors. Mr.
Braverman, 52, is currently the Chairman and Chief Executive Officer
of J. & J. Zaidman, Inc. a diamond wholesaler.
Mr. Braverman co-founded J. & J. Zaidman, Inc. in 1981. The
company deals in both rough and polished diamonds with offices in
Antwerp and Ne... |
| | | 05/27/08 | Zale Announces Increase of $50 Million in Stock Repurchase Program| DALLAS--(BUSINESS WIRE)--May 27, 2008--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
announced that its Board of Directors has authorized an increase of
$50 million in the Company's stock repurchase program.
The new $50 million authorization brings the total authorized to
$350 million for fiscal 2008. The Company, fiscal year-to-date, has
repurchased 13.8 million shares, at an average price of $18.06 per
share, for an aggregate purcha... |
| | | 05/22/08 | Zale Corporation Reports EPS Loss of $0.42 for the Third Quarter of Fiscal 2008| -- Warranty adjusted EPS loss of $0.17 for the third quarter -- 5.8% increase in third quarter comparable store sales -- Better-than-expected progress on inventory reduction program -- Approximately 8.1 million shares repurchased during third quarter -- 13.8 million shares repurchased fiscal YTD at an average price of $18.06DALLAS, May 22, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today reported a net loss from continuin... |
| | | 05/08/08 | Zale Corporation Announces 6% Comparable Sales Increase for the Third Quarter| DALLAS, May 08, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), a leading specialty retailer of fine
jewelry in North America, today reported that for the third quarter
ended April 30, 2008, comparable store sales increased 5.8%. Revenues
for the third quarter were $477 million compared to $449 million last
year, an increase of 6.3%. As previously announced, the sale of Bailey
Banks & Biddle was completed on November 9, 2007 and has been excluded
from the results for both the current ... |
| | | 05/01/08 | Zale Announces Change in Auditors| DALLAS, May 01, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced that it has engaged Ernst &
Young to serve as the Company's independent public accountants for the
fiscal year ending July 31, 2008. Ernst & Young will replace KPMG.
The Company and KPMG did not have any disagreement on any matter
of accounting principles or practices, financial statement disclosure,
or auditing scope or procedures which disag... |
| | | 04/03/08 | Zale Names William Acevedo Executive Vice President, Chief Stores Officer| Eric Christopher Named VP of Quality Assurance
DALLAS--(BUSINESS WIRE)--April 3, 2008--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today announced that William Acevedo has been named Executive Vice
President, Chief Stores Officer. Mr. Acevedo will be responsible for
store operations for all of the Company's brands and will report
directly to Neal Goldberg, President and Chief Executive Officer.
"I have known William for 13 y... |
| | | 03/12/08 | Zale Announces Increase of $100 Million in Stock Repurchase Program| DALLAS--(BUSINESS WIRE)--March 12, 2008--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today announced that its Board of Directors has authorized an increase
of $100 million as part of the Company's stock repurchase program.
The new authorization is in addition to the $200 million
repurchase authorization disclosed in November of 2007. As previously
announced, the Company expects to retire approximately 11 million
shares in total on... |
| | | 02/27/08 | Zale Initiates Operational Efficiency Program to Generate $65 Plus Million in Annual Savings| -- Program Will Reduce Staffing by Over 200 Positions -- Approximately 105 Store Closures Planned in Fiscal 2008 -- $40 Million Reduction in Capital Expenditures for Fiscal 2009 -- $100 Million Inventory Reduction DALLAS, Feb 27, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine
jewelry in North America, today announced that it has begun the
implementation of a program designed to enhance the Company's
profitability and improve its overall effectiv... |
| | | 02/21/08 | Zale Corporation Reports Diluted EPS of $1.16 for the Second Quarter of Fiscal 2008| DALLAS--(BUSINESS WIRE)--Feb. 21, 2008--Zale Corporation
(NYSE:ZLC), a leading specialty retailer of fine jewelry in North
America, today announced earnings from continuing operations for the
second quarter of fiscal 2008 of $52.7 million, or $1.16 per diluted
share, compared to $77.1 million, or $1.57 per diluted share for the
second quarter of fiscal 2007. The second quarter ended January 31,
2007 included a $2.5 million, or $0.05 per diluted share, positive
impact related to deriva... |
| | | 02/07/08 | Zale Corporation Announces 7.3% Comparable Sales Decrease for the Second Quarter| DALLAS, Feb 07, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), a leading specialty retailer of fine
jewelry in North America, today reported that for the second quarter
ended January 31, 2008, comparable store sales decreased 7.3%.
Revenues for the second quarter were $827 million compared to $892
million last year, a decrease of 7.3%. As previously announced, the
sale of Bailey Banks & Biddle was completed on November 9, 2007 and
has been excluded from the results for both the c... |
| | | 01/24/08 | Theo Killion Named Executive Vice President| DALLAS--(BUSINESS WIRE)--Jan. 24, 2008--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today announced that retail industry veteran Theo Killion has been
named Executive Vice President, Human Resources, Legal and Corporate
Strategy. Mr. Killion will report directly to Neal Goldberg, President
and Chief Executive Officer.
"Theo brings tremendous experience and leadership skills to our
senior management team. He will be instrumental in... |
| | | 01/18/08 | Zale Corporation Announces Appointment of Two New Directors to Board| DALLAS, Jan 18, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), a leading specialty retailer of fine
jewelry in North America, today announced the appointment of two new
directors to its Board. The Company said that Richard C. Breeden and
James M. Cotter have joined the Board, effective January 17, 2008,
expanding it from the current six members to eight.
John B. Lowe, Jr., Chairman of Zale Corporation, said, "We have
invited Richard Breeden and Jim Cotter to join the Zale Board and l... |
| | | 01/10/08 | Zale Corporation Announces 9% Comparable Sales Decrease for the Holiday Selling Season| DALLAS, Jan 10, 2008 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), a leading specialty retailer of fine
jewelry in North America, today reported that comparable store sales
decreased 9.0% for the combined months of November and December 2007,
encompassing the entire holiday selling period. Total revenues for the
two-month period were $723 million compared to $804 million last year,
a decrease of 10.1%. As previously announced, the sale of Bailey Banks
& Biddle was completed on Novemb... |
| | | 12/20/07 | Zale Corporation Names Neal Goldberg President and Chief Executive Officer| DALLAS--(BUSINESS WIRE)--Dec. 20, 2007--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today announced that retail industry veteran Neal Goldberg has been
named President and Chief Executive Officer, effective immediately. He
has also joined the Company's Board of Directors.
Mr. Goldberg, 48, has 27 years of experience in the retail
industry, including senior roles at Macy's, Victoria's Secret and Gap
Inc. Most recently, he served as... |
| | | 11/20/07 | Zale Corporation Reports First Quarter Earnings Results and Details on Its $200 Million Share Repurchase Program| DALLAS--(BUSINESS WIRE)--Nov. 20, 2007--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today reported a net loss of $28.4 million, or $0.58 per share, for
the Company's first quarter ended October 31, 2007. As previously
announced, the sale of Bailey Banks & Biddle was completed on November
9, 2007. Net loss from continuing operations was $26.7 million, or
$0.54 per share and the loss from discontinued operations related to
the Bailey ... |
| | | 11/12/07 | Zale Completes Sale of Bailey Banks & Biddle and Announces $200 Million Stock Repurchase Program| DALLAS--(BUSINESS WIRE)--Nov. 12, 2007--Zale Corporation
(NYSE:ZLC), a leading specialty retailer of fine jewelry in North
America, today announced that it has completed the sale of its Bailey
Banks & Biddle brand to Finlay Fine Jewelry Corporation for a purchase
price of $200 million. The Company expects to realize estimated
after-tax proceeds, net of transaction expenses and outstanding
payables, of approximately $175 million from the sale.
Additionally, the Company's Boar... |
| | | 11/08/07 | Zale Announces First Quarter Sales Results| DALLAS--(BUSINESS WIRE)--Nov. 8, 2007--Zale Corporation
(NYSE:ZLC), a leading specialty retailer of fine jewelry in North
America, today reported that for the first quarter ended October 31,
2007, comparable store sales decreased 0.4%. Revenues for the first
quarter were $378 million compared to last year's revenues of $382
million, a decrease of 1.2%. These amounts exclude revenues from the
Bailey Banks & Biddle stores. As previously announced, the Company
entered into a definiti... |
| | | 10/25/07 | Zale Scheduled to Speak at the Johnson Rice & Company Annual Consumer Conference| DALLAS--(BUSINESS WIRE)--Oct. 25, 2007--Zale Corporation
(NYSE:ZLC) today announced that Rodney Carter, Executive Vice
President, Chief Administrative Officer and Chief Financial Officer,
is scheduled to present at the Johnson Rice & Company Annual Consumer
Conference on Monday, October 29, 2007, at approximately 9:30 a.m.,
Eastern Time. A webcast and replay of the presentation over the
Internet will be available via the Company's website at
www.zalecorp.com under the heading "Sha... |
| | | 09/27/07 | Zale Announces Agreement to Sell Bailey Banks & Biddle| DALLAS--(BUSINESS WIRE)--Sept. 27, 2007--Zale Corporation
(NYSE:ZLC), a leading specialty retailer of fine jewelry in North
America today announced that it has entered into a definitive
agreement to sell its Bailey Banks & Biddle brand to Finlay Fine
Jewelry Corporation for a purchase price of $200,000,000, subject to
closing adjustments.
"Today's announcement is consistent with our strategy to focus on
the core business and increasing returns on capital. It provides an
opp... |
| | | 09/12/07 | Zale Scheduled to Speak at the 5th Annual CL King Best Ideas Conference| DALLAS--(BUSINESS WIRE)--Sept. 12, 2007--Zale Corporation
(NYSE:ZLC) today announced that Rodney Carter, Chief Financial
Officer, is scheduled to present at the 5th Annual CL King Best Ideas
Conference on Tuesday, September 18, 2007, at approximately 8:00 a.m.
Eastern Time. A webcast and replay of the presentation over the
Internet will be available via the Company's website at
www.zalecorp.com under the heading 'Shareholder Information.'
Zale Corporation is a leading specialty ... |
| | | 08/30/07 | Zale Reports Fourth Quarter and Full Year Financial Results| DALLAS--(BUSINESS WIRE)--Aug. 30, 2007--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today reported net earnings of $1.5 million, or $0.03 per diluted
share for the Company's fourth quarter ended July 31, 2007. Earnings
for the quarter include, on an after-tax basis, (1) a reduction of
$6.3 million, or $0.13 per diluted share due to the delay in revenue
recognized from the change to a lifetime jewelry protection plan, (2)
a benefit of $1... |
| | | 08/09/07 | Zale Announces Fourth Quarter and Full Year Sales Results| DALLAS--(BUSINESS WIRE)--Aug. 9, 2007--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today reported that for the fourth quarter ended July 31, 2007,
comparable store sales decreased 0.5%. Revenues for the fourth quarter
were $488 million compared to last year's revenues of $491 million, a
decrease of 0.6%. Revenues recognized were $7.5 million or 1.5% less
than the prior year as a result of the change made in the method of
amortizing jewe... |
| | | 08/06/07 | Zale Announces Streamlining of Organization| DALLAS--(BUSINESS WIRE)--Aug. 6, 2007--Zale Corporation
(NYSE:ZLC), a leading specialty retailer of fine jewelry in North
America, today announced the streamlining of its corporate
organization that begins with the centralization of support functions
for the moderate brands.
CEO Betsy Burton commented, "Over the past 12 months we have
closely examined all aspects of our operations, looking for
opportunities for operational improvement as well as the streamlining
of corporate su... |
| | | 05/22/07 | Zale Corporation Announces Third Quarter Earnings Results| DALLAS--(BUSINESS WIRE)--May 22, 2007--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today announced a net loss of $3.1 million or $0.06 per share for the
Company's third quarter ended April 30, 2007. This loss includes, on
an after-tax basis, a reduction of $6.9 million, or $0.14 per share
due to the decline in revenue recognized from the change to a lifetime
jewelry protection plan and a benefit of $1.6 million, or $0.03 per
share for t... |
| | | 05/10/07 | Zale Announces Third Quarter Sales Results| DALLAS--(BUSINESS WIRE)--May 10, 2007--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today reported that for the third quarter ended April 30, 2007,
comparable store sales decreased 3.4%. Revenues for the third quarter
were $511.9 million compared to last year's revenues of $526.9
million, a decrease of 2.9%. Revenues recognized were $8.7 million or
1.7% less than the prior year as a result of the change made in the
method of amortizing j... |
| | | 04/10/07 | Zale Extends and Expands Credit Facility| DALLAS--(BUSINESS WIRE)--April 10, 2007--Zale Corporation
(NYSE:ZLC), a leading specialty retailer of fine jewelry in North
America signed an amendment that improves the terms and conditions of
its $500 million revolving credit facility. The amended facility
includes an additional $100 million seasonal line, an accordion
feature enabling the facility to be increased by up to an additional
$100 million, as well as improved economics for the Company. The
facility now matures in August 2... |
| | | 03/14/07 | Zale Scheduled to Speak at the 30th Annual Merrill Lynch Retailing Leaders Conference| DALLAS--(BUSINESS WIRE)--March 14, 2007--Zale Corporation
(NYSE:ZLC) today announced that Betsy Burton, Chief Executive Officer,
and Rodney Carter, Chief Financial Officer, are scheduled to present
at the 30th Annual Merrill Lynch Retailing Leaders Conference on
Wednesday, March 21, 2007, at approximately 2:40 p.m., Eastern Time. A
web cast and replay of the presentation over the Internet will be
available via the Company's website at www.zalecorp.com under the
heading 'Shareholder In... |
| | | 02/21/07 | Zale Corporation Announces Second Quarter Earnings Results| DALLAS--(BUSINESS WIRE)--Feb. 21, 2007--Zale Corporation
(NYSE:ZLC), a leading specialty retailer of fine jewelry in North
America, today announced adjusted net earnings of $94.8 million or
$1.94 per diluted share for the Company's second quarter ended January
31, 2007, after adjustments for derivative accounting under SFAS 133
and a change in methodology in revenue recognition for lifetime
jewelry protection plans sold during the quarter. Including these
adjustments, the Company repo... |
| | | 02/08/07 | Zale Announces Second Quarter Sales Results| DALLAS--(BUSINESS WIRE)--Feb. 8, 2007--Zale Corporation (NYSE:
ZLC), a leading specialty retailer of fine jewelry in North America,
today reported that for the second quarter ended January 31, 2007,
comparable store sales increased 1.4%. Total revenues for the second
quarter were $1.019 billion compared to last year's total revenues of
$979 million, an increase of 4.1%. Last year's total revenues exclude
the results of the Bailey Banks & Biddle stores that were closed
during the s... |
| | | 01/05/07 | Zale Corporation Announces Resignation of President of Gordon's Jewelers| DALLAS--(BUSINESS WIRE)--Jan. 5, 2007--Zale Corporation (NYSE:ZLC)
today announced the resignation of Frank Mroczka as Senior Vice
President and President of Gordon's Jewelers. The Company has
appointed Steve Lang, currently Vice President of Zale North America,
as Senior Vice President of the Gordon's brand. Lang will have
responsibility for merchandising and operations and will report to CEO
Betsy Burton.
"We would like to thank Frank for his many years of service and
dedicatio... |
| | | 01/04/07 | Zale Corporation Announces Results for the Holiday Selling Season| DALLAS--(BUSINESS WIRE)--Jan. 4, 2007--Zale Corporation
(NYSE:ZLC), a leading specialty retailer of fine jewelry in North
America, today reported that comparable store sales increased 2.3% for
the combined months of November and December 2006, encompassing the
entire holiday selling period. Total revenues for the two-month period
were $905 million compared to $860 million last year, an increase of
5.2%. Last year's total revenues exclude the results of the Bailey
Banks & Biddle st... |
| | | 11/17/06 | Zale Names Charles Sonsteby to Its Board of Directors| DALLAS--(BUSINESS WIRE)--Nov. 17, 2006--Zale Corporation (NYSE:
ZLC), the largest specialty retailer of fine jewelry in North America,
announced effective November 15, 2006, that Charles Sonsteby has been
elected to its Board of Directors. Mr. Sonsteby, 53, is currently the
Executive Vice President and Chief Financial Officer of Brinker
International, a multi-billion dollar restaurant company.
Mr. Sonsteby joined Brinker International in 1990 and served in
various capacities unt... |
| | | 11/16/06 | Zale Corporation Announces First Quarter Earnings Results| DALLAS--(BUSINESS WIRE)--Nov. 16, 2006--Zale Corporation (NYSE:
ZLC), North America's largest specialty retailer of fine jewelry,
today announced a net loss, of $26.4 million, or $0.55 per share, for
the Company's first quarter ended October 31, 2006. The Company's
earnings guidance excluded the impact of derivative accounting on gold
and silver contracts under SFAS 133 which resulted in an after-tax
$5.4 million loss, or $0.11 per share. This loss would have been $0.01
per share unde... |
| | | 11/02/06 | Zale Announces First Quarter Sales Results| DALLAS--(BUSINESS WIRE)--Nov. 2, 2006--Zale Corporation (NYSE:
ZLC), North America's largest specialty retailer of fine jewelry,
today reported that for the first quarter ended October 31, 2006,
comparable store sales increased 0.4%. Total revenues for the first
quarter were $432 million compared to last year's total revenues of
$428 million, an increase of 0.9%. Last year's total revenues include
the results of the Bailey Banks & Biddle stores that were closed in
the second fisca... |
| | | 10/13/06 | Zale Corporation Clarifies Impact Of SFAS 133| DALLAS--(BUSINESS WIRE)--Oct. 13, 2006--As disclosed in its Form
10-K filed today, Zale Corporation (NYSE: ZLC) is subject to
derivative accounting for its derivative instruments under SFAS 133
"Accounting for Derivative Instruments and Hedging Activities." SFAS
133 requires the Company to mark-to-market forward gold and silver
contracts used in its hedging strategy to manage commodity cost
fluctuations in inventory purchase costs. Any changes in the fair
value of derivative instrumen... |
| | | 09/25/06 | Zale Corporation Announces Chief Financial Officer| DALLAS--(BUSINESS WIRE)--Sept. 25, 2006--Zale Corporation (NYSE:
ZLC), the largest specialty retailer of fine jewelry in North America,
today announced that Rodney Carter has been appointed Group Senior
Vice President and Chief Financial Officer effective October 16, 2006.
Mr. Carter will report to Betsy Burton, President and Chief Executive
Officer.
Currently Mr. Carter is Senior Vice President and Chief Financial
Officer of PETCO Animal Supplies, Inc., a leading specialty reta... |
| | | 09/24/06 | Securities and Exchange Commission Terminates Investigation of Zale Corporation| DALLAS--(BUSINESS WIRE)--Sept. 24, 2006--Zale Corporation (NYSE:
ZLC), the largest specialty retailer of fine jewelry in North America,
today announced that the staff of the United States Securities and
Exchange Commission notified the Company that the investigation of
Zale Corporation, previously disclosed by the Company on April 10,
2006, has been terminated with no enforcement action being
recommended.
"Although we are clearly focused on the business at hand, we are
pleased ... |
| | | 08/31/06 | Zale Reports Fourth Quarter and Full Year Financial Results| DALLAS--(BUSINESS WIRE)--Aug. 31, 2006--Zale Corporation (NYSE:
ZLC), North America's largest specialty retailer of fine jewelry,
today reported a net loss of $26.4 million, or $0.55 per share, for
the Company's fourth quarter ended July 31, 2006. As previously
announced, this loss includes a mostly non-cash after-tax charge of
$23.9 million, or $0.50 per share, primarily consisting of (1) $16.8
million, or $0.35 per share, for inventory write-downs at the Zales
and Bailey Banks &... |
| | | 08/30/06 | Zale Corporation Announces Fourth Quarter Earnings Conference Call Thursday, August 31st, 2006, at 9:00 A.M. EST (8:00 A.M. CT)| IRVING, Texas--(BUSINESS WIRE)--Aug. 30, 2006--Zale Corporation
(NYSE:ZLC), will release its Fourth Fiscal Quarter earnings prior to
market opening, August 31st, at 9:00 a.m. EST in its quarterly
conference call.
The call will be available via the Internet through a webcast
managed by CCBN at the Zale Corporation website, www.zalecorp.com.
The webcast is also being distributed over CCBN's Investor
Distribution Network to both institutional and individual investors.
Indivi... |
| | | 08/03/06 | Zale Announces Fourth Quarter Sales and Special Charge| DALLAS--(BUSINESS WIRE)--Aug. 3, 2006--Zale Corporation
(NYSE:ZLC):
-- 3.5% Comparable Store Sales Increase
-- Company to Record Estimated $38 Million to $40 Million Pre-Tax
Charge
Zale Corporation (NYSE:ZLC), North America's largest specialty
retailer of fine jewelry, today reported that for the fourth quarter
ended July 31, 2006, comparable store sales increased 3.5%. Total
revenues for the fourth quarter were $490 million compared to last
year's tota... |
| | | 07/23/06 | Zale Corporation Names Betsy Burton President and Chief Executive Officer| As Acting CEO Since February, Burton has Directed Customer-Centric Strategy
to Leverage Zale's Fundamental Strengths, Build Sales Momentum
IRVING, Texas, July 23 /PRNewswire-FirstCall/ -- Zale Corporation
(NYSE: ZLC), the largest specialty retailer of fine jewelry in North America,
today announced that Betsy Burton has been named President and Chief Executive
Officer, effective immediately.
Ms. Burton, who will continue as a member of the Board of Directors, has
ser... |
| | | 06/12/06 | Zale Ends Discussions with Signet Regarding Potential Business Combination| IRVING, Texas--(BUSINESS WIRE)--June 12, 2006--Zale Corporation
(NYSE:ZLC) confirmed today that it had been approached by Signet Group
regarding a potential business combination. After careful
consideration, Zale's board of directors has terminated the
discussions, having concluded that its shareholders are best served by
continuing as an independent company. Zale's board said that it
remains focused on driving shareholder value as its first and foremost
goal.
Betsy Burton, Act... |
| | | 05/17/06 | Zale Corporation Reports Third Quarter Results| DALLAS--(BUSINESS WIRE)--May 17, 2006--Zale Corporation (NYSE:
ZLC), the largest specialty retailer of fine jewelry in North America,
today reported net earnings of $16.8 million, or $0.35 per diluted
share, for the third quarter ended April 30, 2006. This includes, on
an after-tax basis, (1) a benefit of $8.4 million, or $0.17 per
diluted share, resulting from the settlement of certain retirement
benefit obligations partially offset by (2) a charge for Chief
Operating Officer severan... |
| | | 05/16/06 | Zale Corporation Announces Third Quarter Earnings Conference Call Wednesday, May 17th, 2006, at 9:00 AM ET (8:00 AM CT)| IRVING, Texas--(BUSINESS WIRE)--May 16, 2006--Zale Corporation
(NYSE:ZLC), will release its Third Fiscal Quarter earnings prior to
market opening, May 17th, at 9:00 AM ET in its quarterly conference
call.
The call will be available via the Internet through a webcast
managed by CCBN at the Zale Corporation website, www.zalecorp.com.
The webcast is also being distributed over CCBN's Investor
Distribution Network to both institutional and individual investors.
Individual inv... |
| | | 05/05/06 | Zale Corporation Announces Change in Chief Financial Officer| DALLAS, May 05, 2006 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC) today announced that Mark
Lenz, Group Senior Vice President and Chief Financial Officer, has
been placed on administrative leave until further notice.
This decision was made after recent discussions with the Company's
outside auditors concerning Mr. Lenz's failure to timely disclose in
conversations with the auditors that vendor payments scheduled to be
made during the last two weeks of the Company's fiscal year ended July... |
| | | 05/04/06 | Zale Announces Comparable Store Sales Increase of 2.5%| DALLAS--(BUSINESS WIRE)--May 4, 2006--Zale Corporation (NYSE:ZLC),
North America's largest specialty retailer of fine jewelry, today
reported that for the third quarter ended April 30, 2006, comparable
store sales increased 2.5%. Total revenues for the period were $527
million compared to last year's third quarter revenues of $516
million, an increase of 2.1%. Last year's total revenues include the
results of the Bailey Banks & Biddle stores that were closed in the
second fiscal q... |
| | | 04/10/06 | Zale Corporation Announces SEC Investigation| DALLAS--(BUSINESS WIRE)--April 10, 2006--Zale Corporation (NYSE:
ZLC) announced today that the Securities and Exchange Commission has
initiated a non-public investigation relating to various accounting
and other matters related to the Company, including accounting for
extended service agreements, leases, and accrued payroll. Subpoenas
issued in connection with the investigation request materials relating
to these accounting matters as well as to executive compensation and
severance, e... |
| | | 03/23/06 | Zale Corporation Announces Resignation of Executive Vice President and Chief Operating Officer Sue E. Gove| DALLAS--(BUSINESS WIRE)--March 23, 2006--Zale Corporation
(NYSE:ZLC) announced today that Sue E. Gove, Executive Vice President
and Chief Operating Officer and member of the Board of Directors, has
resigned as an officer and director of the Company effective
immediately.
"The Company would like to thank Sue for her many contributions
over the last 25 years and we wish her well in her future endeavors,"
commented Richard C. Marcus, Chairman of the Board of Directors. "We
are ver... |
| | | 02/17/06 | Zale Announces Second Quarter Earnings Results and Executive Management Change| DALLAS--(BUSINESS WIRE)--Feb. 17, 2006--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced net earnings of $88 million, or $1.78 per
diluted share, for the Company's second quarter ended January 31,
2006. These earnings include: a write-down of inventory and lease
settlement costs related to the closing of Bailey Banks & Biddle
locations of $24 million, or $0.30 per diluted share; a tax benefit of
$11.5 million, or $0.23 per di... |
| | | 02/16/06 | Zale Corporation Announces Second Quarter Earnings Conference Call Friday, February 17th, 2006, at 9:00 AM EST (8:00 AM CT)| IRVING, Texas--(BUSINESS WIRE)--Feb. 16, 2006--Zale Corporation
(NYSE:ZLC), will release its Second Fiscal Quarter earnings prior to
market opening, February 17th, at 9:00 AM EST in its quarterly
conference call.
The call will be available via the internet through a webcast
managed by CCBN at the Zale Corporation website, www.zalecorp.com.
The webcast is also being distributed over CCBN's Investor
Distribution Network to both institutional and individual investors.
Indivi... |
| | | 02/02/06 | Zale Corporation Announces Second Quarter Sales Results| DALLAS--(BUSINESS WIRE)--Feb. 2, 2006--Zale Corporation (NYSE:
ZLC), North America's largest specialty retailer of fine jewelry,
today reported that for the second quarter ended January 31, 2006,
comparable store sales increased 1.4%. Comparable store sales exclude
the results of the 29 Bailey Banks & Biddle stores previously
announced as designated for closure that were managed by an
independent liquidator during the period. Total revenues for the
period, also excluding the store... |
| | | 01/30/06 | Zale Corporation Announces Resignation of President and CEO Mary L. Forte| DALLAS--(BUSINESS WIRE)--Jan. 30, 2006--Zale Corporation
(NYSE:ZLC) announced today that Mary L. Forte, President and Chief
Executive Officer and member of the Board, has resigned from the
Corporation. Effective immediately, the Board of Directors has
appointed Board member Betsy Burton as Interim Chief Executive Officer
until a successor is named.
"The Company would like to thank Mary for her many contributions
over the last 11 years and we wish her well in her future endeavors... |
| | | 01/05/06 | Zale Corporation Announces Results for the Holiday Selling Season| DALLAS--(BUSINESS WIRE)--Jan. 5, 2006--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that comparable store sales increased 0.9% for
the combined months of November and December 2005, encompassing the
entire holiday selling period. Comparable store sales exclude the
results of the 29 Bailey Banks & Biddle stores previously announced as
designated for closure that were managed by an independent liquidator
during the period. T... |
| | | 11/16/05 | Zale Corporation Announces First Quarter Earnings Results| DALLAS--(BUSINESS WIRE)--Nov. 16, 2005--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced a net loss, of $23.7 million, or $0.47 per
share, for the Company's first quarter ended October 31, 2005. This
loss includes an after-tax non-cash impairment charge related to the
closing of approximately 30 Bailey Banks & Biddle locations of $5.3
million, or $0.10 per share. Excluding the non-cash impairment charge,
the Company reported ... |
| | | 11/14/05 | Zale Corporation Announces First Quarter Earnings Conference Call Wednesday, November 16th, 2005, at 9:00 AM EST (8:00 AM CT)| IRVING, Texas--(BUSINESS WIRE)--Nov. 14, 2005--Zale Corporation
(NYSE:ZLC), will release its First Fiscal Quarter earnings prior to
market opening, November 16th, at 9:00 AM EST in its quarterly
conference call.
The call will be available via the internet through a webcast
managed by CCBN at the Zale Corporation website, www.zalecorp.com.
The webcast is also being distributed over CCBN's Investor
Distribution Network to both institutional and individual investors.
Individ... |
| | | 11/03/05 | Zale Corporation Announces First Quarter Sales Results and Updates First Quarter Expectations| DALLAS--(BUSINESS WIRE)--Nov. 3, 2005--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today that for the first quarter ended October 31,
2005, comparable store sales decreased 1.2%. Total revenues for the
period were $427 million compared to last year's first quarter
revenues of $423 million, an increase of 0.9%.
"We are disappointed with these sales results," commented Mary L.
Forte, President and Chief Executive Officer. "Dela... |
| | | 09/06/05 | Zale Corporation Engages in a Multiplatform Marketing Partnership with The Knot, Inc.; Deal Brings Together Two Wedding Industry Leaders| NEW YORK--(BUSINESS WIRE)--Sept. 6, 2005--Zale Corporation (NYSE:
ZLC), North America's largest specialty retailer of fine jewelry,
today announced that it has entered into a multi-platform marketing
partnership with The Knot, Inc. (NASDAQ: KNOT; www.theknot.com),
bringing together two leaders in the wedding industry. The marketing
partnership will promote Zale Corporation's brands, which include
Zales Jewelers, Gordon's Jewelers and Bailey Banks & Biddle Fine
Jewelers, to the annual ... |
| | | 08/30/05 | Zale Announces Fourth Quarter and Full Year Financial Results; Also Announces $100 Million Stock Repurchase Program| DALLAS--(BUSINESS WIRE)--Aug. 30, 2005--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today net earnings of $4.1 million, or $0.08 per
diluted share, for the Company's fourth quarter ended July 31, 2005.
For the same period last year, the Company reported net earnings of
$6.9 million, or $0.13 per diluted share.
Net earnings for fiscal year 2005 were $106.8 million, or $2.05
per diluted share. For the prior fiscal year, net earning... |
| | | 08/29/05 | Zale Corporation Announces Fiscal Year 2005 Earnings Conference Call Tuesday, August 30th, 2005, at 9:00 AM ET (8:00 AM CT)| DALLAS, Aug 29, 2005 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), will release its Fiscal
Year 2005 earnings prior to market opening, August 30th, at 9:00 AM
ET in its quarterly conference call.
The call will be available via the internet through a webcast
managed by CCBN at the Zale Corporation website, www.zalecorp.com.
The webcast is also being distributed over CCBN's Investor
Distribution Network to both institutional and individual investors.
Individual investors can liste... |
| | | 08/04/05 | Zale Corporation Announces Fourth Quarter Sales Results and Updates Fourth Quarter Expectations| DALLAS--(BUSINESS WIRE)--Aug. 4, 2005--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today that for the fourth quarter ended July 31,
2005, comparable store sales decreased 0.1%. Total revenues for the
period were $472 million compared to last year's total revenues of
$456 million, an increase of 3.5%.
For the fiscal year, total revenues increased 3.4% to $2.383
billion, compared to $2.304 billion for the prior fiscal year. On a
c... |
| | | 05/17/05 | Zale Announces 27 Percent Increase in Third Quarter EPS| DALLAS--(BUSINESS WIRE)--May 17, 2005--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, announced today net earnings of $14.5 million, or $0.28 per
diluted share, for the Company's third quarter ended April 30, 2005.
This represents an increase of 27% on a per share basis over the same
period last year when the Company reported net earnings of $11.5
million, or $0.22 per diluted share.
Total revenues for the third quarter ended April 30, ... |
| | | 05/05/05 | Zale Announces Comparable Store Sales Increase of 3.5%| DALLAS--(BUSINESS WIRE)--May 5, 2005--Zale Corporation (NYSE:ZLC),
North America's largest specialty retailer of fine jewelry, today
reported that for the third quarter ended April 30, 2005, comparable
store sales increased 3.5%. Total revenues for the period were $516
million compared to last year's third quarter revenues of $483
million, an increase of 6.7%.
For the fiscal year-to-date, total revenues increased 3.3% to
$1.911 billion, compared to $1.849 billion for the same period... |
| | | 02/18/05 | Zale Announces Increase in Second Quarter EPS to $1.91| DALLAS--(BUSINESS WIRE)--Feb. 18, 2005--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced net earnings of $99 million, or $1.91 per
diluted share, for the Company's second quarter ended January 31,
2005. For the same period last year, the Company reported net earnings
of $97 million, or $1.83 per diluted share. This represents an
increase of 4.4% on a per share basis over the prior year.
Total revenues for the second quarter end... |
| | | 02/03/05 | Zale Corporation Announces Second Quarter Sales Results| DALLAS--(BUSINESS WIRE)--Feb. 3, 2005--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that for the second quarter ended January 31,
2005, comparable store sales decreased 0.6%. Total revenues for the
period were $972 million compared to last year's second quarter
revenues of $949 million, an increase of 2.4%.
For the fiscal year-to-date, total revenues increased 2.1% to
$1.395 billion, compared to $1.366 billion for the same p... |
| | | 01/06/05 | Zale Corporation Announces Results for the Holiday Selling Season| DALLAS--(BUSINESS WIRE)--Jan. 6, 2005--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that comparable store sales decreased 0.7% for
the combined months of November and December 2004, encompassing the
entire holiday selling period. Total revenues for the two-month period
were $861 million compared to last year's revenues of $843 million for
the period, an increase of 2.1%.
"While we are disappointed with our overall holiday sa... |
| | | 01/06/05 | Zale Corporation Announces Executive Management Changes| DALLAS--(BUSINESS WIRE)--Jan. 6, 2005--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced the appointment of Paul G. Leonard to the
post of President, Zales Jewelers. He will report to Mary L. Forte,
President and Chief Executive Officer.
Mr. Leonard joins Zales Jewelers from the Company's Piercing
Pagoda brand, where he held the position of President, Piercing Pagoda
since January 2002. He is largely responsible for implementing... |
| | | 12/10/04 | Zale Corporation Announces Extension of Five-Year Revolving Credit Facility| DALLAS--(BUSINESS WIRE)--Dec. 10, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced that it has successfully amended its secured
$500 million revolving credit facility. The amendment extends the
maturity date of the existing $500 million credit facility by one year
to August 2009. In addition to extending the term, certain fees and
applicable interest rate margins are reduced under the amended
agreement.
Bank of America i... |
| | | 11/16/04 | Zale Corporation Announces First Quarter Earnings Results| DALLAS--(BUSINESS WIRE)--Nov. 16, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced a net loss of $10.9 million, or $0.21 per
diluted share, for the Company's first quarter ended October 31, 2004.
For the same period last year, the Company reported a net loss of $9.2
million, or $0.17 per diluted share.
Total revenues for the quarter ended October 31, 2004 were $423
million compared to $417 million last year, an increase o... |
| | | 11/04/04 | Zale Corporation Announces First Quarter Sales Results| DALLAS--(BUSINESS WIRE)--Nov. 4, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today that for the first quarter ended October 31,
2004, comparable store sales, which include the effects of the recent
hurricanes, decreased 0.9%. Total revenues for the period were $423
million compared to last year's first quarter revenues of $417
million, an increase of 1.4%.
"These first quarter sales results met our expectations, excluding
... |
| | | 10/07/04 | Zale Corporation Updates First Quarter Expectations to Reflect Impact from Hurricanes| DALLAS--(BUSINESS WIRE)--Oct. 7, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today that it now expects comparable store sales to
be flat to down 1.0% for its first quarter ending October 31, 2004.
The Company indicated it expects diluted earnings per share for the
first quarter ending October 31, 2004, to range between a net loss of
$0.20 and $0.22.
In revising its outlook, the Company cited the severe weather
conditions i... |
| | | 09/28/04 | Zale Corporation Appoints Sue E. Gove to Its Board of Directors| DALLAS--(BUSINESS WIRE)--Sept. 28, 2004--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced the election of Sue E. Gove to its Board of
Directors. Ms. Gove has served as the Company's Executive Vice
President and Chief Operating Officer since July 2002. Ms. Gove also
served until February 2003 as the Company's Chief Financial Officer, a
position she held since December 1997.
In her role as Chief Operating Officer, Ms. Gove o... |
| | | 08/31/04 | Zale Announces 30 Percent Increase in Fourth Quarter and Full Year Earnings Per Share before Unusual Items from Prior Year| DALLAS--(BUSINESS WIRE)--Aug. 31, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today a 30% increase, before an unusual item in the
prior year, in net earnings per share for the Company's fourth quarter
ended July 31, 2004. The Company reported net earnings of $6.9
million, or $0.13 per diluted share. For the same period last year,
the Company reported net earnings, before costs associated with the
redemption of its Senior Notes, o... |
| | | 08/27/04 | Zale Corporation Names Thomas Shull to Its Board of Directors| DALLAS--(BUSINESS WIRE)--Aug. 27, 2004--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced the election of Thomas Shull to its Board of
Directors. Mr. Shull is Chief Executive Officer of Meridian Ventures,
LLC., a venture management firm he co-founded in 1991.
Mr. Shull recently served as Chairman and Chief Executive Officer
of Hanover Direct, one of the nation's leading direct marketing
companies. He held this position from... |
| | | 08/05/04 | Zale Corporation Announces Comparable Sales Increases of 2.1 Percent for Fourth Quarter and 3.9 Percent for Fiscal Year 2004; Also Announces $50 Million Stock Repurchase Program| DALLAS--(BUSINESS WIRE)--Aug. 5, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today that for the fourth quarter ended July 31,
2004, comparable store sales increased 2.1%. Total revenues for the
period were $456 million compared to last year's total revenues of
$442 million, an increase of 3.2%.
For the fiscal year, total revenues increased 4.2% to $2.304
billion, compared to $2.212 billion for the prior fiscal year. On a
c... |
| | | 05/18/04 | Zale Announces 48 Percent Increase in Third Quarter EPS to $0.43 and Declares Two-for-One Stock Split| DALLAS--(BUSINESS WIRE)--May 18, 2004--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, announced today net earnings of $11.5 million, or $0.43 per
diluted share, for the Company's third quarter ended April 30, 2004.
This represents an increase of 48% on a per share basis over the same
period last year when the Company reported net earnings of $9.4
million, or $0.29 per diluted share.
Total revenues for the third quarter ended April 30, 2... |
| | | 05/06/04 | Zale Announces Comparable Store Sales Increase of 7.2 Percent and Raises Earnings Expectations for Its Third Quarter| DALLAS--(BUSINESS WIRE)--May 6, 2004--Zale Corporation (NYSE:ZLC),
North America's largest specialty retailer of fine jewelry, today
reported that for the third quarter ended April 30, 2004, comparable
store sales increased 7.2%. Total revenues for the period were $483
million compared to last year's third quarter revenues of $449
million, an increase of 7.6%.
For the fiscal year-to-date, total revenues increased 4.5% to
$1.849 billion, compared to $1.770 billion for the same period... |
| | | 03/09/04 | Richard C. Marcus to Succeed Robert J. DiNicola as Chairman of Zale Corporation| DALLAS--(BUSINESS WIRE)--March 9, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced that Robert J. DiNicola, Chairman of the
Board of Directors, will be succeeded in that position by long time
board member Richard C. Marcus at the close of the fiscal year on July
31, 2004.
Mr. Marcus has served as a Zale board member since 1993 and is
currently Chairman of Zale's Compensation Committee. He is the former
Chairman and Chief... |
| | | 03/05/04 | Zale Corporation Names Jack Lowe, Jr. to Its Board of Directors| DALLAS--(BUSINESS WIRE)--March 5, 2004--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced the election of Jack Lowe, Jr. to its Board
of Directors. Mr. Lowe serves as Chairman and Chief Executive Officer
of TDIndustries, a national MEP (mechanical/electrical/plumbing)
construction and facility service company. He has held this position
since 1980.
Under Mr. Lowe's leadership, TDIndustries has developed into one
of the coun... |
| | | 02/17/04 | Zale Announces 31% Increase in Second Quarter EPS to $3.66 vs. $2.80, before Non-Cash Charge from Prior Year| DALLAS--(BUSINESS WIRE)--Feb. 17, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced net earnings of $97 million, or $3.66 per
diluted share, for the Company's second quarter ended January 31,
2004. For the same period last year, the Company reported net earnings
of $90 million, or $2.80 per diluted share, excluding a non-cash
impairment charge from its annual review of goodwill. This represents
an increase of 31% on a per share ... |
| | | 02/05/04 | Zale Corporation Announces Second Quarter Comparable Store Sales Increase of 4.3%| DALLAS--(BUSINESS WIRE)--Feb. 5, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that for the second quarter ended January 31,
2004, comparable store sales increased 4.3%. Total revenues for the
period were $949 million compared to last year's second quarter
revenues of $908 million, an increase of 4.5%.
For the fiscal year-to-date, total revenues increased 3.5% to
$1.366 billion, compared to $1.320 billion for the same p... |
| | | 01/21/04 | Zale Corporation Contributes to New Headquarters for Make-A-Wish Foundation of North Texas| DALLAS--(BUSINESS WIRE)--Jan. 21, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine jewelry
is proud to announce their support for the local Make-A-Wish
Foundation's building campaign that will construct a new headquarters
in North Texas. On January 22, 2004, the Foundation will break ground
on The Wishing Place, where magical wishes of children with
life-threatening medical conditions can be made. This new setting will
offer additional comfort and spar... |
| | | 01/15/04 | Zale Corporation Names Dr. David Szymanski to Its Board Of Directors| DALLAS--(BUSINESS WIRE)--Jan. 15, 2004--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, announced today the election of Dr. David Szymanski to its
Board of Directors. Dr. Szymanski is a member of the faculty of Texas
A&M University where he currently serves as the Director of the Center
for Retailing Studies. Dr. Szymanski has held senior positions at the
university since 1987, with the last six years in the Center for
Retailing Studies. He ha... |
| | | 01/08/04 | Zale Corporation Announces 4.1% Comparable Store Sales Increase for the Holiday Selling Season| DALLAS--(BUSINESS WIRE)--Jan. 8, 2004--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that comparable store sales increased 4.1% for
the combined months of November and December 2003, encompassing the
entire holiday selling period. Total revenues for the period were $843
million compared to last year's revenues of $808 million, an increase
of 4.3%.
"We are pleased with our holiday sales results as our team did a
great job in ... |
| | | 11/18/03 | Zale Corporation Announces First Quarter Earnings Results| DALLAS, Nov 18, 2003 (BUSINESS WIRE) -- Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced a net loss of $9.2 million, or $0.34 per
diluted share, for the Company's first quarter ended October 31, 2003.
For the same period last year, the Company reported a net loss of $6.7
million, or $0.20 per diluted share. The Company's first quarter
earnings per share was negatively impacted by $0.07 from the prior
year as a result of the applicati... |
| | | 11/06/03 | Zale Corporation Announces First Quarter Comparable Sales Increase of 1.6%| DALLAS--(BUSINESS WIRE)--Nov. 6, 2003--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today that for the first quarter ended October 31,
2003, comparable store sales increased 1.6%. Total revenues for the
period were $417 million compared to last year's first quarter
revenues of $412 million, an increase of 1.2%.
"These sales results demonstrate the continued improvement in our
business," commented Mary L. Forte, President and Chief... |
| | | 08/28/03 | Zale Announces 40 Percent Increase in Fourth Quarter EPS Excluding Unusual Items; Also Announces $100 Million Stock Repurchase Program| DALLAS--(BUSINESS WIRE)--Aug. 28, 2003--Zale Corporation (NYSE:
ZLC), North America's largest specialty retailer of fine jewelry,
today announced a 40% increase, before unusual items, in net earnings
per share for the Company's fourth quarter ended July 31, 2003. The
Company reported net earnings of $6.7 million, or $0.21 per diluted
share, before costs associated with the redemption of its Senior
Notes. For the same period last year, the Company reported net
earnings, before an unusual i... |
| | | 08/11/03 | Zale Corporation Names Betsy Burton to Its Board of Directors| DALLAS, Aug 11, 2003 (BUSINESS WIRE) -- Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced the election of Betsy Burton to its Board of
Directors. Ms. Burton, 51, is Chief Executive Officer of BB Capital,
Inc., a retail advisory and consulting company she formed in 1992. She
was formerly Chief Executive Officer of Supercuts, Inc. from 1987 to
1991.
Ms. Burton currently serves on the boards of Staples, Inc., The
Sports Authori... |
| | | 08/07/03 | Zale Corporation Announces Fourth Quarter Comparable Sales Increase of 1.7%| DALLAS--(BUSINESS WIRE)--Aug. 7, 2003--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today that for the fourth quarter ended July 31,
2003, comparable store sales increased 1.7%. Total revenues for the
period were $442.4 million compared to last year's total revenues of
$435.6 million, an increase of 1.6%.
For the fiscal year, total revenues increased 0.9% to $2.212
billion, compared to $2.192 billion for the prior fiscal year. On ... |
| | | 07/30/03 | Zale Corporation Announces Results of Tender Offer and Redemption of Senior Notes| DALLAS, Jul 30, 2003 (BUSINESS WIRE) -- Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced the results of its modified "Dutch Auction"
tender offer, which expired at 12:00 midnight, New York City time, on
July 29, 2003. Based on the results of the count by The Bank of New
York, the depositary for the tender offer, approximately 4.7 million
shares of common stock were properly tendered and not withdrawn at
prices at or below $48.00... |
| | | 07/24/03 | Zale Corporation Announces Completion of a Five-Year $500 Million Credit Facility| DALLAS--(BUSINESS WIRE)--July 24, 2003--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced the Company has entered into a five-year $500
million secured revolving credit facility. The new facility is secured
largely by inventory. Fleet National Bank, as administrative agent,
leads a syndicate of lenders in replacing an existing $225 million
unsecured facility.
The completion of the new credit facility had been a condition to... |
| | | 07/01/03 | Zale Announces Tender Offer to Purchase 6.4 Million Shares and Intent to Enter Into a New $500 Million Credit Facility| DALLAS, Jul 1, 2003 (BUSINESS WIRE) -- Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today commenced a modified "Dutch Auction" tender offer to
purchase up to 6,400,000 shares of its outstanding common stock at a
price per share of not less than $42.00 nor in excess of $48.00 per
share, for an aggregate purchase price of up to $307.2 million. This
represents approximately 20% of the current outstanding shares.
In connection with the tend... |
| | | 05/15/03 | Zale Announces 32% Increase in Third Quarter EPS to $0.29| DALLAS--(BUSINESS WIRE)--May 15, 2003--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, announced today net earnings of $9.4 million, or $0.29 per
diluted share, for the Company's third quarter ended April 30, 2003.
This represents an increase of 32% on a per share basis over the same
period last year when the Company reported net earnings of $7.7
million, or $0.22 per diluted share.
Total revenues for the third quarter ended April 30, 20... |
| | | 05/08/03 | Zale Corporation Announces Third Quarter Sales Results| DALLAS--(BUSINESS WIRE)--May 8, 2003--Zale Corporation (NYSE:ZLC),
North America's largest specialty retailer of fine jewelry, reported
today that for the third quarter ended April 30, 2003, comparable
store sales increased 0.3% compared to an increase of 4.6% for the
same period last year. Total revenues for the period were $449.4
million compared to last year's total revenues of $449.2 million, an
increase of 0.1%.
For the year-to-date, total revenues increased 0.8% to $1.770
bil... |
| | | 03/18/03 | Zale Corporation Announces $50 Million Stock Repurchase Program| DALLAS, Mar 18, 2003 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), the
largest specialty retailer of fine jewelry in North America, announced today
that the Company's Board of Directors has approved a stock repurchase program
pursuant to which the Company, from time to time and at management's discretion,
may purchase up to an aggregate of $50 million of Zale common stock on the open
market. This action represents the Company's second authorization to repurchase
shares in fiscal 2003, wi... |
| | | 02/28/03 | Zale Corporation Names Mark R. Lenz Group Senior Vice President and Chief Financial Officer| DALLAS, Feb 28, 2003 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), the
largest specialty retailer of fine jewelry in North America, announced today
that Mark R. Lenz, 47, has been named Group Senior Vice President and Chief
Financial Officer of the Corporation. In his new position, Mr. Lenz will oversee
the Accounting and Control, Planning, Tax and Treasury areas of the Company. He
will report to Sue E. Gove, Executive Vice President and Chief Operating
Officer, who had previously retain... |
| | | 02/18/03 | Zale Announces 6% Increase in Second Quarter EPS to $2.80 Vs. $2.64, Before Non-cash Charge and Unusual Item| DALLAS, Feb 18, 2003 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), the
largest specialty retailer of fine jewelry in North America, today announced net
earnings, excluding a non-cash impairment charge from its annual review of
goodwill, of $90 million, or $2.80 per diluted share, for the Company's second
quarter ended January 31, 2003. This represents an increase of 6.1% on a per
share basis over the same period last year when the Company reported net
earnings, before an unusual item rel... |
| | | 02/06/03 | Zale Corporation Announces Second Quarter Comparable Store Sales Increase of 1.1%| DALLAS, Feb 6, 2003 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today reported that for
the second quarter ended January 31, 2003, comparable store sales increased 1.1%
in constant currencies. Total revenues for the period were $908 million compared
to last year's total revenues of $897 million, an increase of 1.2%.
For the year-to-date, total revenues increased 1.0% to $1.320 billion, compared
to $1.307 billion for the sam... |
| | | 01/09/03 | Zale Corporation Announces 1.3% Comparable Store Sales Increase and Confirms Earnings Expectations for the Holiday Selling Season|
DALLAS--(BUSINESS WIRE)--Jan. 9, 2003--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that comparable store sales increased 1.3% in
constant currencies for the combined months of November and December
2002, encompassing the entire holiday selling period. Total revenues
for the period were $804.3 million compared to last year's revenues of
$794.1 million, an increase of 1.3%.
"We are pleased with our holiday s... |
| | | 11/14/02 | Zale Corporation Announces First Quarter Earnings Results|
DALLAS--(BUSINESS WIRE)--Nov. 14, 2002--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced a net loss of $6.7 million, or $0.20 per
diluted share, for the Company's first quarter ended October 31, 2002.
For the same period last year, the Company reported a net loss before
the effect of a change in accounting principle of $3.7 million, or
$0.10 per diluted share. For the same period last year, the Company
reported net... |
| | | 11/07/02 | Zale Corporation Announces First Quarter Sales Results|
DALLAS--(BUSINESS WIRE)--Nov. 7, 2002--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, reported today that for the first quarter ended October 31,
2002, total revenues were $412 million compared to last year's first
quarter revenues of $410 million, an increase of 0.5%.
Comparable store sales for the first quarter decreased 0.6% in
constant currencies.
Zale Corporation will announce its first quarter fiscal 2003
e... |
| | | 10/21/02 | Zale Corporation Updates Expectations for First Quarter| DALLAS, Oct 21, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, reported today that it now
expects comparable store sales to be flat to down 1% for its first quarter,
ending October 31, 2002. The Company indicated that based on these current sales
trends it now expects diluted earnings per share for the first quarter ending
October 31, 2002 to range between a net loss of $0.19 and $0.21.
In revising its outlook, the Compan... |
| | | 08/29/02 | Zale Corporation Announces 67 Percent Increase in Fourth Quarter Earnings Per Share, Before an Unusual Item| DALLAS, Aug 29, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), the
largest specialty retailer of fine jewelry in North America, today announced a
67% increase, before an unusual item, in net earnings per share for the
Company's fourth quarter ended July 31, 2002. The Company reported net earnings,
before an unusual item, of $5.1 million or $0.15 per diluted share versus net
earnings of $3.0 million or $0.09 per diluted share for the same period last
year. Including the unusual item r... |
| | | 08/08/02 | Zale Corporation Announces Fourth Quarter Comparable Sales Increase Of 2.0 Percent| DALLAS, Aug 8, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today reported that for
the fourth quarter ending July 31, 2002, total sales were $431.1 million
compared to last year's fourth quarter sales of $417.0 million, an increase of
3.4%. Comparable store sales for the fourth quarter increased 2.0% in constant
currencies compared to a decrease of 9.7% for the same period last year.
For the fiscal year, sales totaled ... |
| | | 07/17/02 | Zale Announces $50 Million Stock Repurchase Program and Announces Webcast of Investor Meeting| DALLAS, Jul 17, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, reported today that the
Company's Board of Directors has approved a stock repurchase program pursuant to
which the Company, from time to time and at management's discretion, may
purchase until July 31, 2003, up to an aggregate of $50 million of Zale common
stock on the open market. This action represents the Company's sixth consecutive
year of participation in a ... |
| | | 07/12/02 | Zale Appoints Gove Executive Vice President and Chief Operating Officer; Forte to Assume Role as President| DALLAS, Jul 12, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today announced that Sue
E. Gove has been promoted to Executive Vice President and Chief Operating
Officer. Ms. Gove, who has served as Chief Financial Officer of the Company
since December 1997, will continue to retain that title. In addition to her
current responsibilities, Ms. Gove will oversee Distribution, Real Estate and
Management Information Systems for t... |
| | | 07/12/02 | Zale Corporation Updates Expectations for Fourth Quarter| DALLAS, Jul 12, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, reported today that it now
expects comparable store sales to be between 1% and 2% for its fourth quarter,
ending July 31, 2002. Management cited the challenging recent trends in the
external environment in changing its guidance.
The Company indicated that based on these current sales trends it now expects
diluted earnings per share for the fourth quarter endin... |
| | | 07/12/02 | Zale Announces Executive Management Change| DALLAS, Jul 12, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today announced the
resignation of Alan P. Shor as President and Chief Operating Officer of the
Company. Mr. Shor, 43, has been with Zale since joining the Company as Senior
Vice President and General Counsel in 1995. He has been President and a member
of the Board of Directors since August 2000.
In making his announcement, Mr. Shor cited a desire to pursue ne... |
| | | 06/24/02 | Zale Corporation Names Mary L. Forte Chief Executive Officer| DALLAS, Jun 24, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today announced that Mary
L. Forte has been named Chief Executive Officer and appointed to the Company's
Board of Directors, effective August 1, 2002. She succeeds Robert J. DiNicola as
Chief Executive Officer. Mr. DiNicola will remain as Chairman of the Board in a
non-executive capacity.
In commenting on the announcement, Mr. DiNicola noted, "Mary Forte has s... |
| | | 06/06/02 | Zale Corporation Names KPMG LLP as Independent Auditor| DALLAS, Jun 6, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), announced
today that, effective immediately, its Board of Directors has appointed KPMG LLP
as the Company's independent auditor for fiscal year 2002, replacing Arthur
Andersen LLP. The appointment of KPMG LLP was made following a careful
evaluation by the Board of Directors.
"During its tenure as the Company's outside auditor, Arthur Andersen has
provided many years of quality service and has demonstrated a high standar... |
| | | 05/14/02 | Zale Announces 57 Percent Increase in Third Quarter EPS to $0.22| DALLAS, May 14, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), the
largest specialty retailer of fine jewelry in North America, today announced net
income of $7.7 million, or $0.22 per diluted share, for the Company's third
quarter ended April 30, 2002. This represents an increase of 57% on a per share
basis over the same period last year when the Company reported net income of
$4.8 million, or $0.14 per diluted share, before an unusual item. Including the
unusual item, prior year ea... |
| | | 05/09/02 | Zale Corporation Announces Third Quarter Comparable Store Sales Increase of 4.7 Percent| DALLAS, May 9, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today reported that for
the third quarter ended April 30, 2002, comparable store sales increased 4.7% in
constant currencies compared to a decrease of 7.3% in constant currencies for
the same period last year. Total sales for the period were $444.4 million
compared to last year's sales of $418.0 million, an increase of 6.3%.
For the year-to-date, sales increase... |
| | | 03/08/02 | Robert J. DiNicola Announces Retirement From Zale Corporation| DALLAS, Mar 8, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC) today
announced that its Chairman and CEO, Robert J. DiNicola, will retire from the
Corporation at the end of the current fiscal year on July 31, 2002.
Mr. DiNicola became Chairman and CEO of Zale in 1994. In 1999, he relinquished
his CEO responsibilities and prepared the Company for an orderly leadership
transition. He retired from the Company in 2000. At the request of the Board of
Directors, he returned as Chairman an... |
| | | 02/15/02 | Zale Corporation Announces Second Quarter EPS of $2.64, Before Unusual Item|
DALLAS--(BUSINESS WIRE)--February 15, 2002--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced net income, before an unusual item, of $93
million, or $2.64 per diluted share, for the Company's second quarter
ended January 31, 2002. This represents an increase of 4.8% on a per
share basis over the same period last year when the Company reported
net income of $87 million, or $2.52 per diluted share, excluding a
non-recurring c... |
| | | 02/07/02 | Zale Corporation Announces Second Quarter Comparable Store Sales Increase of 1.4 Percent| DALLAS, Feb 7, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today reported that for
the second quarter ended January 31, 2002, comparable store sales increased 1.4%
in constant currencies compared to a decrease of 2.3% in constant currencies for
the same period last year. Total sales for the period were $891 million compared
to last year's sales of $861 million, an increase of 3.5%.
For the year-to-date, sales increased... |
| | | 01/09/02 | Zale Corporation Announces President of Piercing Pagoda| DALLAS, Jan 9, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today announced the
appointment of Paul Leonard as President of Piercing Pagoda. Mr. Leonard will
oversee the day-to-day operations and report to Mary Forte, Executive Vice
President and Chief Merchandise Officer of Zale Corporation.
A former executive with Zale Corporation, Mr. Leonard brings more than 25 years
of extensive retailing and merchandising experien... |
| | | 01/08/02 | Zale Corporation Announces 1.8% Comparable Store Sales Increase for the Holiday Selling Season| DALLAS, Jan 8, 2002 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, today reported that
comparable store sales increased 1.8% in constant currencies for the combined
months of November and December 2001, encompassing the entire holiday selling
period. For the prior year, comparable store sales for the same period decreased
3.1% in constant currencies. Total sales for the period were $791.2 million
compared to last year's sales of ... |
| | | 12/17/01 | Families of Freedom Scholarship Fund Strengthened by Zale Corporation| MINNEAPOLIS, Dec 17, 2001 (BUSINESS WIRE) -- Citizens' Scholarship Foundation
of America(TM) (CSFA) today announced that the Families of Freedom Scholarship
Fund(TM) has received a $250,000 donation from Zale Corporation (NYSE:ZLC). The
scholarship fund, developed in response to the September 11 tragedies, is
designed to provide assistance for postsecondary education to financially needy
dependents of those people lost or permanently disabled as a result of those
events.
Shortly after ... |
| | | 11/13/01 | Zale Corporation Announces First Quarter Earnings Results| DALLAS, Nov 13, 2001 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), the
largest specialty retailer of fine jewelry in North America, today announced a
net loss, before the effect of a change in accounting principle, of $3.7
million, or $0.10 per diluted share, for the Company's first quarter ended
October 31, 2001. For the same period last year, the Company reported net income
before unusual items of $5.7 million, or $0.16 per diluted share.
Net earnings for the first quarter were $37.... |
| | | 11/02/01 | Zale Corporation Announces First Quarter Sales Results| DALLAS, Nov 2, 2001 (BUSINESS WIRE) -- Zale Corporation (NYSE:ZLC), North
America's largest specialty retailer of fine jewelry, announced today at its
Annual Stockholders Meeting that for the first quarter ended October 31, 2001,
total sales were $405 million compared to last year's first quarter sales of
$372 million, an increase of 8.9%. Comparable store sales for the first quarter
declined 2.3% in constant currencies compared to an increase of 3.5% in constant
currencies for the same pe... |
| | | 08/30/01 | Zale Corporation Announces Results for Fiscal Year 2001 and the Fourth Quarter|
DALLAS--(BUSINESS WIRE)--Aug. 30, 2001--Zale Corporation
(NYSE:ZLC), the largest specialty retailer of fine jewelry in North
America, today announced financial results for the Company's fiscal
year ended July 31, 2001, and the fourth quarter. Net sales for fiscal
year 2001 were $2.068 billion compared to $1.814 billion last year,
now adjusted for changes in extended service agreements as described
below. This reflects a total sales increase of 14.0% and a comparable
store sales decr... |
| | | 08/07/01 | Zale Corporation Announces Fourth Quarter Sales and a $50 Million Stock Repurchase Program| DALLAS, Aug 7, 2001 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC), North
America's largest specialty retailer of fine jewelry, today reported that for
the fourth quarter ended July 31, 2001, total sales were $410.4 million compared
to last year's fourth quarter sales of $373.8 million, an increase of 9.8%.
Comparable store sales for the fourth quarter declined 9.7% in constant
currencies compared to an increase of 6.4% for the same period last year.
For the fiscal year, sales totaled ... |
| | | 05/15/01 | Zale Corporation Announces Third Quarter Earnings|
DALLAS--(BUSINESS WIRE)--May 15, 2001--Zale Corporation (NYSE:
ZLC), North America's largest specialty retailer of fine jewelry,
today announced earnings, before unusual items, of $4.8 million, or
$0.14 per diluted share for the Company's third quarter ended April
30, 2001. For the same period last year, the Company reported net
income of $10.5 million, or $0.30 per diluted share.
Net earnings for the third quarter, including a charge related to
severance payments in conju... |
| | | 05/10/01 | Zale Corporation Announces Third Quarter Sales Results|
DALLAS--(BUSINESS WIRE)--May 10, 2001--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that for the third quarter ended April 30,
2001, total sales were $411.5 million compared to last year's third
quarter sales of $361.3 million, an increase of 13.9%. Comparable
store sales for the third quarter declined 7.3% in constant currencies
compared to an increase of 12.8% for the same period last year.
For the year to date, ... |
| | | 04/10/01 | Zale Corporation Announces Management Changes as Part of Rebuilding Strategy|
DALLAS--(BUSINESS WIRE)--April 10, 2001--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today named new Presidents for four of its brands: Bailey
Banks & Biddle Fine Jewelers, Gordon's Jewelers, Zales Outlet and
Zale.com. These appointments continue the rebuilding process begun by
Robert J. DiNicola upon his return to Zale Corporation in February
2001.
"As part of our long-term strategy, we have tapped four proven
managers who we ... |
| | | 03/07/01 | Zale Corporation Announces Second Quarter Earnings and Results of Strategy Review|
DALLAS--(BUSINESS WIRE)--March 7, 2001--Zale Corporation (NYSE:
ZLC), North America's largest specialty retailer of fine jewelry,
today announced net income of $71.5 million, or $2.07 per diluted
share, including a non-recurring charge, for the Company's second
quarter ended January 31, 2001. For the same period last year, the
Company reported net income of $83.9 million, or $2.33 per diluted
share. Net income excluding the non-recurring charge was $87.0
million, or $2.52 per dilute... |
| | | 03/05/01 | Zale Corporation Announces Conference Call|
DALLAS--(BUSINESS WIRE)--March 5, 2001--As previously announced,
Zale Corporation (NYSE:ZLC), North America's largest specialty
retailer of fine jewelry, has rescheduled its fiscal second quarter
earnings conference call for Wednesday, March 7, 2001. The Company
will also discuss the results of a strategic review of each of its
brands which was conducted upon the return of Robert J. DiNicola as
Chairman and Chief Executive Officer. The call is scheduled to start
at 9:00 a.m. Eastern... |
| | | 02/22/01 | Zale Corporation Chairman And CEO Announces Organizational Realignment|
DALLAS--(BUSINESS WIRE)--Feb. 22, 2001--To more effectively
address the needs of the business, Robert J. DiNicola, Chairman and
Chief Executive Officer of Zale Corporation (NYSE:ZLC), announced
today the following realignment of the senior executive team with each
person reporting directly to him.
Alan Shor, President and Chief Operating Officer, will assume
responsibility for all support operations.
Mary Forte, Executive Vice President and Chief Mercha... |
| | | 02/12/01 | Zale Corporation Announces Chief Executive Officer Change|
DALLAS--(BUSINESS WIRE)--Feb. 12, 2001--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, announced Beryl Raff, Chairman of the Board and Chief
Executive Officer, has resigned from the Company to devote more time
to her family and her own personal interests.
The Company also announced the appointment of Robert J. DiNicola
as Chairman of the Board and Chief Executive Officer effective
February 21, 2001. Mr. DiNicola previously served i... |
| | | 02/08/01 | Zale Corporation Announces Second Quarter Sales Results|
DALLAS--(BUSINESS WIRE)--Feb. 8, 2001--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that for the second quarter ended January 31,
2001 comparable store sales declined 2.3% in constant currencies
compared to an increase of 14.7% for the same period last year. Total
sales for the second quarter were $855.3 million compared to last
year's sales of $735.9 million, an increase of 16.2%.
For the year-to-date, sales incre... |
| | | 01/04/01 | Zale Corporation Announces Sales Results for the Holiday Selling Season|
DALLAS--(BUSINESS WIRE)--Jan. 4, 2001--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported a 3.1% decrease in comparable store sales for
the combined months of November and December 2000. This is in line
with recently revised estimates of a decrease of 3.0% to 4.0% in
comparable store sales. For the prior year, comparable store sales for
the same period increased 16.3%. Total sales for the period were
$758.8 million compared to las... |
| | | 12/26/00 | Zale Corporation Announces Anticipated Results for the Holiday Selling Season|
DALLAS--(BUSINESS WIRE)--Dec. 26, 2000--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today reported that it now expects comparable store sales to
be between -3.0% and -4.0% for the combined months of November and
December 2000 compared to 16.3% for the same period in the prior year.
Total sales are expected to be approximately $750.0 to $760.0 million
compared to last year's sales of $662.1 million, an increase of
approximately 13.0% to 15... |
| | | 11/14/00 | Zale Corporation Announces First Quarter EPS of $0.16, Before Unusual Items|
DALLAS--(BUSINESS WIRE)--Nov. 14, 2000--Zale Corporation
(NYSE:ZLC), North America's largest specialty retailer of fine
jewelry, today announced earnings before unusual items of $5.7
million, or $0.16 per diluted share for the Company's first quarter
ended October 31, 2000. First quarter earnings include the operations
of Piercing Pagoda, which was acquired by the Company on September 20,
2000 and which is expected to break even for the current fiscal year
ending July 31, 2001. For ... |
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