Zale Corp. loss widens to $1.43 a share
Zale Corp. said first-quarter loss for the three months ended Oct. 31 widened to $45.35 million, or $1.43 a share, from a loss of $26.7 million, or 58 cents a share in the year-ago period.
Zale Corp. said it needed to make about $13 million in pretax accounting adjustments to previously reported results and delayed its fourth-quarter report to investors until Sept. 9.