News

Zale's comparable store sales dip by 0.2%

Company says it had observed a good posture

diamond world news service

Zale Corporation, which retails fine jewellery, revenues for the comparable store sales in the current fiscal decreased by 0.2 percent to $2.44 billion, as compared to the previous fiscal.

Although, as Zale’s CEO Betsy Burton mentioned the company adhered to plans for the fourth quarter and closely monitored expenses and gross margin dollars. Apparently the figures have not been favoured by the company's activities .

Zale’s comparable store sales for the fourth quarter ending July 31, decreased by 0.5 percent, while it revenues for the same quarter decreased by 0.6 percent from $491 million of previous year’s last quarter to $488 million.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Our goal is to empower retailers through knowledge and credibility: Amit Pratihari, MD, GIA India

IIJS Bharat Signature 2026 Opens Global Jewellery Trade Calendar in Mumbai

Mejuri appoints athletes as new jewellery and sports ambassadors

Paul De Wachter appointed CEO of HRD Antwerp

African producing nations raise concerns about India taking over as KP chair