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The Zale Corporation (best known as Zales) is an American jewelry retailer, ... The same year, Zales announced the initial public offering of its stock (ZLC) and ...
In February 2014, Signet Jewelers Ltd. agreed to buy Zale Corporation, with Zale shareholders receiving USD$21 a share in cash in USD$1.4 billion deal. [10] This merger created a $6.2 billion firm. [10] In July 2017, Virginia Drosos was appointed CEO of Signet Jewelers Ltd., replacing Mark Light, who had served as CEO since October 2014. [11]
The company was founded in 1910 by Henry Shaw (the father of Jerry Shaw, the chairman emeritus of Sterling today), from LeRoy's Jewelers in Lorain, Ohio. Sterling Jewelers is a wholly owned subsidiary of UK-based Signet Jewelers Limited (listed on the New York Stock Exchange under the symbol SIG), having been acquired in 1987. [2]
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Jewelry retailer Zale Corp. will report earnings for the first quarter of fiscal 2014 after market Tuesday. The company reports the same day as competitors Tiffany & Co. and Signet Jewelers Limited .
Zale Corporation Reports Third Quarter Fiscal 2013 Results Net earnings of $5 million, or $0.13 per diluted share, compared to a loss of $5 million in the prior year quarter Gross margin of 52.6 ...
Back in early February, Zale Corporation (ZLC) -- which operates Zales Jewelers -- hired turnaround firm, Peter J. Solomon, to help the retailer deal with its suffocating debt load. Since then ...
Zale Corporation Reports First Quarter Fiscal 2013 Results Comparable store sales up 3.9 percent; 8th consecutive positive quarter Net loss improved $4 million DALLAS--(BUSINESS WIRE)-- Zale ...