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Stock Market & Financial Investment News

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January 10, 2013
07:31 EDTZLCZale reports holiday period SSS up 2.3%
Zale Corporation announced that comparable store sales increased 2.3% for the combined months of November and December 2012, encompassing the entire holiday selling period. This increase follows a 5.9% rise in the same period last year. At constant exchange rates, which exclude the effect of translating Canadian currency denominated sales into U.S. dollars, comparable store sales increased 1.6% for the holiday selling period, compared to an increase of 6.2% in the prior year period. Revenues for the two-month period were $567M.
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