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Zale to report Q4 results one week late

9/2/2009

Dallas Zale Corp. said Wednesday that it will report its fourth-quarter results one week later than initially planned as it accounts for some adjustments to prior-year periods.

The company said that it has identified about $13 million in non-cash adjustments, of which $6.3 million are for years before fiscal 2000.

Zale said it is finalizing the proper accounting treatments for the adjustments.

The retailer now plans to report its fourth-quarter results on Sept. 9.

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