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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.
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.
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 .
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