Print Page  Close Window

2010 News Releases

Keyword Search
 
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007
DateTitle 
11/23/10Zale Corporation Reports First Quarter Fiscal 2011 Results
Revenues of $327 million compared to $329 million in prior year Comparable store sales down 1.1% Gross margin of 50.5%, an increase of 190 basis points compared to prior year Operating margin improved $15 million, or 440 basis points, from prior year DALLAS, Nov 23, 2010 (BUSINESS WIRE) --Zale Corporation (NYSE: ZLC) today announced that for the first fiscal quarter ended... 
Printer Friendly Version
11/09/10Zale to Announce First Quarter Fiscal 2011 Results
DALLAS, Nov 09, 2010 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC) announced that it plans to report financial results for the first quarter ended October 31, 2010, on Tuesday, November 23, 2010, before the market opens. Zale will host a conference call at 8:00 a.m. ET the same day to discuss its financial results. Participants are encouraged to listen to the presentation via webcast at http://www.zalecorp.com on the Investor Relations section. The conference call may also be accessed by dia... 
Printer Friendly Version
09/27/10Zale Corporation Reports Fourth Quarter and Fiscal Year 2010 Results
DALLAS, Sep 27, 2010 (BUSINESS WIRE) --Zale Corporation (NYSE: ZLC) today announced its financial results for the fourth quarter and full year ended July 31, 2010. Fiscal Fourth Quarter 2010 Results The Company incurred a net loss for the fourth quarter ended July 31, 2010 of $28.5 million, or $0.89 per share, compared to a net loss of $89.8 million, or $2.81 per share, in the comparable period in the prior year. Revenues for the quarter ended July 31, 2010 ... 
Printer Friendly Version
09/24/10Zale Selects Citi to Run Private Label Credit Card Program For U.S. Operations
DALLAS, Sep 24, 2010 (BUSINESS WIRE) --Zale Corporation (NYSE: ZLC) today announced that it has selected Citibank (South Dakota), N.A. ("Citi") to provide the private label credit card program for the retailer's Zales, Zales Outlet and Gordon's brands in the United States, effective October 1, 2010. The agreement is for a term of five years with automatic renewals for successive two-year terms and replaces the Company's agreement with Citi which was s... 
Printer Friendly Version
09/23/10Zale to Announce Fourth Quarter Fiscal 2010 Results
DALLAS, Sep 23, 2010 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC) announced that it plans to report financial results for the fourth quarter and full year ended July 31, 2010, on Monday, September 27, 2010, before the market opens. Zale will host a conference call at 9:00 a.m. ET the same day to discuss its financial results. Participants are encouraged to listen to the presentation via webcast at http://www.zalecorp.com on the Investor Relations section. The conference call may also ... 
Printer Friendly Version
09/23/10Zale Corporation Names Theo Killion Chief Executive Officer and Member of the Board
Appoints Kenneth B. Gilman to Board as Independent Director Announces Additional Board Changes as Company Continues Business Transformation DALLAS, Sep 23, 2010 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC) announced today that the Board of Directors has named Theo Killion Chief Executive Officer and a Member of the Board, effective immediately. Mr. Killion has served as President and Interim Chief Executive Officer since January 13, 2010. "Theo has successfully led Zale through the crit... 
Printer Friendly Version
09/14/10Zale Names John Legg as Supply Chain Leader
DALLAS, Sep 14, 2010 (BUSINESS WIRE) --Zale Corporation (NYSE: ZLC) today announced that John Legg has been named Senior Vice President, Supply Chain. Mr. Legg will have responsibility for warehousing, logistics and purchasing and will report to Matt Appel, Executive Vice President and Chief Financial Officer. "The addition of John to our senior leadership team is an important step for us," said Mr. Appel. "John's 25 years of retail supply chain exper... 
Printer Friendly Version
07/13/10Zale Names Becky Mick Chief Stores Officer
DALLAS, Jul 13, 2010 (BUSINESS WIRE) --Zale Corporation (NYSE: ZLC) today announced that Becky Mick has been named Senior Vice President, Chief Stores Officer of the Company, effective today. Ms. Mick will report to Theo Killion, President and Interim Chief Executive Officer. "Becky has been a great addition to our team since joining Zale in September 2008," said Mr. Killion. Becky has 26 years of retail management and store operations experience that... 
Printer Friendly Version
05/26/10Zale Corporation Reports Third Quarter Fiscal 2010 Results
Revenues of $360 million compared to $379 million in prior year Comparable store sales down 2.2% Gross margin of 50.8%, an increase of 70 basis points compared to prior year Net loss of $12.1 million, or $0.38 per share, compared with loss of $19.5 million, or $0.61 per share, in prior year DALLAS, May 26, 2010 (BUSINESS WIRE) --Zale Corporation (NYSE: ZLC) today announced that f... 
Printer Friendly Version
05/10/10Zale Corporation Announces Agreements to Strengthen Capital Structure and Changes to Board of Directors
New $150 Million Senior Secured Term Loan Bank Credit Facility Amended and Extended Canadian Proprietary Credit Card Program Finalized DALLAS, May 10, 2010 (BUSINESS WIRE) --Zale Corporation (NYSE: ZLC) today announced that it has closed on a new $150 million, five year senior secured term loan (the "GGC Loan") provided by Golden Gate Capital ("GGC"), a leading private equity firm with extensive experience in the retail sector. In addition to in... 
Printer Friendly Version
02/24/10Zale Corporation Reports Second Quarter Fiscal 2010 Results
Net earnings of $6.7 million, or $0.21 per share, compared with loss of $31.8 million, or $1.00 per share, in prior year Revenues of $582 million compared to $679 million in prior year Comparable store sales down 11.2% Gross margin of 49.8%, an increase of 580 basis points compared to prior year Second quarter SG&A reduction of $40 million year over year Inventory reduction of approximately $110 million year over year DALLAS, Feb 24, 2010 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC) today an... 
Printer Friendly Version
02/19/10Zale to Announce Second Quarter Fiscal 2010 Results
DALLAS, Feb 19, 2010 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC) announced that it plans to report financial results for the second quarter ended January 31, 2010, on Wednesday, February 24, 2010, before the market opens. Zale will host a conference call at 9:00 a.m. ET the same day to discuss its financial results. Participants are encouraged to listen to the presentation via webcast at http://www.zalecorp.com on the Investor Relations section. The c... 
Printer Friendly Version
02/09/10Zale Corporation Retains Peter J. Solomon Company
DALLAS, Feb 09, 2010 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC) today announced that it has hired Peter J. Solomon Company, a leading independent investment banking advisory firm to the retail industry, to advise the Company in identifying and analyzing alternatives to maximize its financial flexibility. About Zale Corporation Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America, operating approximately 1,... 
Printer Friendly Version
01/13/10Zale Announces Executive Management Changes
DALLAS, Jan 13, 2010 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC) announced today that Neal Goldberg, Chief Executive Officer and member of the Board of Directors, William Acevedo, Chief Stores Officer, and Mary Kwan, Chief Merchandising Officer, have left the Company effective immediately. The Board of Directors has appointed Theo Killion, President, to the additional role of Interim Chief Executive Officer. Mr. Killion joined Zale Corporation in January 2008 as Executive Vice President an... 
Printer Friendly Version
01/07/10Zale Corporation Announces Holiday Season Sales
DALLAS, Jan 07, 2010 (BUSINESS WIRE) -- Zale Corporation (NYSE: ZLC) reported today that comparable store sales decreased 12.0% for the combined months of November and December 2009, encompassing the entire holiday selling period. Total revenues for the two-month period were $494 million compared to $582 million last year, a decrease of 15.1%. Within this two-month period, November same store sales declined 18.6% and December same store sales declined 9.2%. During the holiday selling period, t... 
Printer Friendly Version