View single post by mcwright
 Posted: Thu May 24th, 2007 07:54 pm
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mcwright



Joined: Wed Sep 28th, 2005
Location: SCOTTSDALE, AZ
Posts: 4759
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 "In a related story, Zale Corp. posted a 3.1 millon dollar loss for their third quarter blaming high gas prices as the cause. The same period last year the company posted a profit of 16.8 millon dollars.

Zale has hired an advisor to review the performance of its Jewelry chains which could lead to some management changes or the sale of some brands."

Sounds like things aren't rosy in the Jewelry business. At least in the middle to low end of it.