Saturday, May 26, 2012

Zale quarterly loss narrows, same-store sales jump

Zale Corp reported a narrower third-quarter loss on Wednesday after another jump in sales in its fine brands segment, and the jeweler said momentum held up through the important Mother's Day period. Vera Wang Lobe collection / Photo: ZaleSales at stores open at least a year rose 8 percent in the quarter, making it Zale's sixth quarter in a row of improving same-store sales. On a conference call with analysts, Chief Executive Theo Killion said that in May, which includes Mother's Day and is a

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