| Business Summary | | Zale
Corporation
is
a
North
American
specialty
retailer
of
fine
jewelry
operating
more
than
2,300
retail
locations
throughout
the
United
States,
Canada
and
Puerto
Rico,
as
well
as
online.
Zales
Jewelers
offers
classic
and
traditional
jewelry
to
a
broad
range
of
mainstream
consumers.
Zales
Outlet
targets
brand-conscious,
value-minded
consumers
with
jewelry
at
savings
of
20%
to
70%
off
traditional
retail
prices.
Gordon's
Jewelers
is
a
regional
jeweler
that
provides
fashionable
and
contemporary
design
to
upper-moderate
customers.
Bailey
Banks
&
Biddle
Fine
Jewelers
caters
to
upscale
customers
in
the
market
for
distinctive
designer
jewelry
and
fine
giftware.
Peoples
Jewellers
offers
Canadian
consumers
classic
and
traditional
jewelry
items
in
its
Peoples
Jewellers
stores,
and
high-quality
jewelry
and
exclusive
designs
in
its
Mappins
Jewellers
stores.
Piercing
Pagoda,
a
specialty
kiosk
retailer
of
popular-priced
gold
jewelry,
also
offers
silver
and
diamond
jewelry
in
select
locations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Zale
Corporation
is
a
specialty
retailer
of
fine
jewelry.
As
of
12/00,
the
Company
operated
more
than
2,300
retail
locations
throughout
the
United
States,
Canada
and
Puerto
Rico,
as
well
as
online.
For
the
nine
months
ended
4/30/01,
net
sales
rose
15%
to
$1.63
billion.
Net
income
fell
21%
to
$79.1
million.
Results
reflect
the
acquisition
of
Piercing
Pagoda,
offset
by
a
$25.2
million
inventory
charge
and
$4.7
million
in
other
special
charges. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
417,033;
after
tax
earnings
were
2,955. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | Robert
J. DiNicola,
Chmn./CEO Alan
P. Shor,
Pres./COO Sue
E. Gove,
Exec. VP/CFO Mary
L. Forte,
Exec. VP. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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