zale corp (ZLC:New York)
zale corp (ZLC) Snapshot
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Open
$5.70
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Previous Close
$5.41
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Day High
$5.76
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Day Low
$5.70
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52 Week High
11/13/12 - $7.66
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52 Week Low
05/21/12 - $2.18
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Market Cap
185.8M
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Average Volume 10 Days
639.9K
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EPS TTM
$-0.39
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Shares Outstanding
32.5M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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zale corp (ZLC) Latest News
zale corp (ZLC) Related Businessweek News
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Zale Corporation, together with its subsidiaries, operates as a specialty retailer of fine jewelry in North America. Its Fine Jewelry segment operates 147 stores in 27 states and Puerto Rico that offers bridal designs, watches, gemstones, gold merchandise, and diamond fashion and solitaire products under the Gordon's Jewelers brand; and 639 stores in 50 states and Puerto Rico providing diamond jewelry under the Zales Jewelers brand, as well as operates e-commerce sites, including zales.com and gordonsjewelers.com. It also operates 206 stores in Canada that offer diamond, gold jewelry, gemstone jewelry, and watches under the Peoples Jewellers and Mappins Jewellers brands, as well as operates e-commerce site, peoplesjewellers.com; and 132 Zales outlet stores providing watches, gemstones, gold merchandise, and diamond fashion and solitaire products in 35 states and Puerto Rico. This segment also offers repair services to customers, who do not purchase warranty coverage. The company’s Kiosk Jewelry segment offers gold and silver products, including bracelets, earrings, charms, rings, non-precious metal products, and gold chains, as well as silver and diamond jewelry under the Piercing Pagoda, Plumb Gold, and Silver and Gold Connection brands through 654 kiosks in 41 states and Puerto Rico. This segment also provides ear-piercing services. In addition, Zale Corporation offers insurance and reinsurance services for a range of insurance coverage, such as merchandise replacement coverage, group life insurance coverage, and credit insurance coverage. The company was founded in 1924 and is based in Irving, Texas.
zale corp (ZLC) Top Compensated Officers
zale corp (ZLC) Key Developments
Zale Corporation announced that Richard Golden has been appointed senior vice president of real estate. In this role, Mr. Golden will have overall responsibility for the company's real estate strategy as well as all leasing, design, construction and maintenance of retail and corporate facilities. He will report to Matt Appel, chief administrative officer. Mr. Golden most recently served as director of real estate, development and land acquisition at H-E-B Grocery Company.
Zale Corporation announced unaudited consolidated earnings results for the second quarter and six months ended Jan. 31, 2013. For the quarter, the company reported revenues of $670,752,000, operating earnings of $51,273,000, earnings before income taxes of $45,185,000, earnings from continuing operations of $41,208,000 or $1.02 per diluted share, net earnings of $41,208,000 or $1.02 per diluted share as compared to revenues of $663,762,000, operating earnings of $43,192,000, earnings before income taxes of $32,763,000, earnings from continuing operations of $28,930,000 or $0.78 per diluted share, net earnings of $28,838,000 or $0.77 per diluted share for the same period prior year. For the six months, the company reported revenues of $1,028,220,000, operating earnings of $28,270,000, earnings before income taxes of $16,340,000, earnings from continuing operations of $12,944,000 or $0.32 per diluted share, net earnings of $12,944,000 or $0.32 per diluted share as compared to revenues of $1,014,745,000, operating earnings of $20,706,000, earnings before income taxes of $346,000, loss from continuing operations of $2,792,000 or $0.09 per diluted share, net loss of $3,036,000 or $0.09 per diluted share for the same period prior year. For the first half of the fiscal year, capital expenditures totaled $13 million compared to $10 million in the prior year first half. As previously announced, the company expects to achieve positive net earnings for fiscal year 2013. The company expects overall gross margin rate in fiscal 2013 to be consistent with fiscal 2012. The company expects the reduction in interest expense relative to the prior year to continue for the remainder of the fiscal year. For the year, the company now believes capital expenditures to be in the range of $25 million to $30 million.
Zale Corporation Presents at 2013 Consumer & Retail Conference, Mar-12-2013 02:50 PM. Venue: The Palace Hotel, 455 Madison Avenue, New York, New York, United States. Speakers: Matthew W. Appel, Chief Administrative Officer, Thomas A. Haubenstricker, Chief Financial Officer and Senior Vice President.
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Industry Analysis
ZLC
Industry Average
| Valuation | ZLC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 7.1x |
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| TEV/Sales | NM | Not Meaningful |
Post a JobJobs
- Irving, TX | ZalePosted: May 20
- Irving, TX | ZalePosted: May 17
- Irving, TX | ZalePosted: May 11
- Frisco, TX | ZalePosted: May 17
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To contact ZALE CORP, please visit www.zalecorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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