Zale Corporation is a specialty retailer of fine jewelry with 1,125 retail jewelry stores located primarily in shopping malls throughout the United States, Guam and Puerto Rico. For the nine months ended 4/30/99, net sales rose 7% to $1.1 billion. Net income rose 18% to $72.4 million. Revenues reflect enhanced merchandise assortments and successful marketing initiatives. Earnings also benefitted from higher margins and store productivity improvements. From marketguide.com
Zale Corp. (ZLC) 35 3/16: jewelry retailer reports Q4 EPS of $0.23 per share, two cents better than the First Call mean estimate, versus $0.16 in the year-ago period; sales of $326.0 mln were up 16.1%; the company also announced they will buyback up to $50 mln in its common stock..... briefing.com 9/7/99 |
