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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 15, 2003
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ZALE CORPORATION
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(Exact name of registrant as specified in its charter)
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Delaware 001-04129 75-0675400
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
901 West Walnut Hill Lane, Irving, Texas 75038-1003
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(Address of principle executive offices) (Zip code)
Registrant's telephone number, including area code: (972) 580-4000
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Not Applicable
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(Former name or former address, if changed since last report)
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements of Businesses Acquired
None.
(b) Pro Forma Financial Information
None.
(c) Exhibits
99.1 Press Release of Zale Corporation issued May 15, 2003.
Item 9. Regulation FD Disclosure
The information set forth under this Item 9 is being furnished pursuant to
"Item 12. Results of Operations and Financial Condition" of Form 8-K in
accordance with interim guidance provided by the Securities and Exchange
Commission in Release Nos. 33-8216 and 34-47583. Such information, including the
Exhibits attached hereto, is being furnished and shall not be deemed "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor
shall it be deemed incorporated by reference in any filing under the Securities
Act of 1933, except as shall be expressly set forth by specific reference in
such filing.
On May 15, 2003, Zale Corporation issued a press release reporting its
financial results for the third quarter ended April 30, 2003. A copy of the
press release is hereby attached as Exhibit 99.1 and incorporated herein by
reference. The attached press release includes net earnings and earnings per
share amounts for the first three quarters of fiscal 2003 which have been
adjusted to exclude a non-cash impairment charge from the Company's annual
review of goodwill, and net earnings and earnings per share amounts for the
first three quarters of fiscal 2002 which have been adjusted to exclude an
unusual item and the effect of a change in accounting principal. The Company
believes that presenting net earnings and earnings per share amounts excluding
such highlighted items is appropriate because such items are not likely to recur
regularly or in predictable amounts and, consequently, presenting net earnings
and earnings per share, excluding such highlighted items, is meaningful
supplemental information for investors.
EXHIBIT INDEX
99.1 Press Release of Zale Corporation issued May 15, 2003
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
ZALE CORPORATION
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Registrant
Date: May 15, 2003 By: /s/ Cynthia T. Gordon
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Cynthia T. Gordon
Senior Vice President, Controller
(principle accounting officer
of the registrant)
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