Market Overview

Zale SSS +2.3% for November and December

Zale Corporation (NYSE: ZLC) today announced that comparable store sales
increased 2.3 percent for the combined months of November and December
2012, encompassing the entire holiday selling period. This increase
follows a 5.9 percent rise in the same period last year. At constant
exchange rates, which exclude the effect of translating Canadian
currency denominated sales into U.S. dollars, comparable store sales
increased 1.6 percent for the holiday selling period, compared to an
increase of 6.2 percent in the prior year period.

Revenues for the two-month period were $567 million, an increase of $3
million compared to $564 million in the same period last year. The
increase in revenues is primarily due to the comparable same store sales

See full press release

Posted-In: News Guidance Financing Management

 

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