Burman was the highly successful CEO of Signet Jewelers Ltd. from 2000 till 2011, Zale Corp.
FORBES: Zale Corp. Appoints Former Competitor Terry Burman As Chairman
Zale Corp. said Tuesday that comparable store sales increased 5.9 percent, year-over-year, for the November-December holiday sales period.
Jessica Simpson will launch a diamond fashion jewelry collection available at Zale Corp. branded stores beginning in October.
For Zale, the recent improvement in accounting earnings is hiding some very serious issues hidden in the financial footnotes.
Meanwhile, Zale Corp. suffered during the economic downturn under several leadership and ownership changes closing more than 100 underperforming stores.
FORBES: Zale Corp. Appoints Former Competitor Terry Burman As Chairman
Ailing jewelry retailer Zale Corporation (ZLC) has been being lifted by the rising September tide, up 15 percent this month already.
Zale Corp. operates approximately 1, 820 retail locations in the United States, Canada and Puerto Rico and has online operations for most of its brands.
To justify its current share price, Zale would have to grow after-tax profit ( NOPAT) by 4% compounded annually for the next nine years.
Zale also operates online at www.zales.com, www.zalesoutlet.com, www.gordonsjewelers.com, www.peoplesjewellers.com and www.pagoda.com.
FORBES: Zale Corp. Appoints Former Competitor Terry Burman As Chairman
Zale Corp. is a leading specialty jewelry retailer in North America.
Last month the SEC banned short-selling in 799 financial company stocks, and the exchanges added another 130 or so stocks on the request of companies as varied as Zale Corp.
Stochastics over 80 confirm Zale may be technically overbought.
Zale Corp. is a leading specialty retailer of diamond and other jewelry products in North America, operating approximately 1, 710 retail locations throughout the United States, Canada and Puerto Rico, as well as online.
FORBES: Zale Corp. Appoints Former Competitor Terry Burman As Chairman
Jewelry and diamond retailer, Zale Corp.
FORBES: Zale Corp. Holiday Comps Up 2.3%; Holiday Sales Total $567 Million
Although Facebook has received a lot of positive attention for its inclusion of a woman, Sheryl Sandberg, as its Chief Operating Officer, the company has not appointed a single female candidate to its board, a characteristic that makes it a lot like other major U.S. companies that have zero women on their boards such as Urban Outfitters, Under Armour, and Zale, the diamond company.
FORBES: Why Long-Term Investors are Worried About Facebook's Lack of Board Diversity
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