| Date | Title | | | 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... |
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