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| Date | Title | | | 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... |
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