GLG News Analyses of the following article:

Zale Reports Third Quarter Fiscal 2009 Results

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Published at: www.businesswire.com

Zale trying to come out from Recession

May 28, 2009

GLG Expert Contributor

Zale 3rd Quater sale fell by 20%. Gross Margina bit high but same store sales decline by 20%. 

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Will Zale Succumb to Its Self-Inflected Wounds?

May 27, 2009

Zale reported SIGNIFICANTLY lower than expected sales and earnings for its third quarter in the face of higher stock prices only a day earlier.  Either faith in Zale springs eternal or traders got surprised by the dynamics of the jewelry business in general and Zale specifically.  Here’s more.

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