Zale to report Q4 results one week late
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.