-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gw5cdbDCSdswX84m2dnrMn38gpve0MvtFKGpSAtfAgvfX1GruhSatwzYF4slgLUa 7h+sL0EkGcGOs/bbuGXsFQ== 0000912057-00-015619.txt : 20000403 0000912057-00-015619.hdr.sgml : 20000403 ACCESSION NUMBER: 0000912057-00-015619 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000331 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZALE CORP CENTRAL INDEX KEY: 0000109156 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-JEWELRY STORES [5944] IRS NUMBER: 750675400 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-04129 FILM NUMBER: 591101 BUSINESS ADDRESS: STREET 1: 901 W WALNUT HILL LN CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9725804000 MAIL ADDRESS: STREET 1: 901 WEST WALNUT HILL LANE CITY: IRVING STATE: TX ZIP: 75038-1003 FORMER COMPANY: FORMER CONFORMED NAME: ZALE JEWELRY CO INC DATE OF NAME CHANGE: 19710510 8-K 1 8-K ================================================================================ UNITED STATES 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) March 31, 2000 ZALE CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 1-04129 75-0675400 (State or other jurisdiction of (Commission File Number) (IRS Employer incorporation) Identification No.) 901 W Walnut Hill Lane Irving, Texas 75038-1003 (Address of principal executive offices) (Zip Code) Registrant's Telephone number, including area code: (972) 580-4000 Not Applicable (Former name or former address, if changed since last report) ================================================================================ ITEM 5. OTHER EVENTS. On March 31, 2000, Zale Corporation (the "Company") announced that it has entered into a five-year unsecured working capital facility with an initial commitment of $225 million which may be increased to $300 million under certain conditions. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) EXHIBITS. 99 Press Release issued by the Company on March 31, 2000. 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 Registrant Date: March 31, 2000 By: /s/ Mark R. Lenz --------------------------------- Mark R. Lenz Senior Vice President, Controller (principal accounting officer of the registrant) EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION - ------ ----------- 99 Press Release issued by the Company on March 31, 2000.
EX-99 2 EXHIBIT 99 EXHIBIT 99 CONTACT: Investor: Cynthia T. Gordon Senior Director, Investor Relations (972) 580-5047 Media: Mary Forte' Executive Vice President and Chief Administrative Officer (972) 580-4810 ZALE CORPORATION ANNOUNCES COMPLETION OF A FIVE-YEAR UNSECURED CREDIT FACILITY DALLAS, Texas, March 31, 2000 - Zale Corporation (NYSE: ZLC), North America's largest specialty retailer of fine jewelry, today announced the Company has entered into a five-year unsecured working capital facility with an initial commitment of $225 million which may be increased to $300 million under certain conditions. Fleet National Bank leads a group of nine banks in replacing an existing $225 million unsecured working capital facility. "This agreement provides our Company with additional financial flexibility as we continue to expand our business," said Executive Vice President and Chief Financial Officer Sue Gove. "The continued support of our existing banking partners and the addition of three new banks is evidence of the Company's consistent financial performance over the past six years." Zale Corporation operates approximately 1,350 specialty retail jewelry stores located throughout the United States, Canada, Puerto Rico, and online, including Zales Jewelers, Zales Outlet, Zale.com, Gordon's Jewelers, Bailey Banks & Biddle Fine Jewelers and Peoples Jewellers. Additional information on Zale Corporation and its operations is available on the Internet at www.zalecorp.com. ----------------- THIS RELEASE INCLUDES CERTAIN FORWARD-LOOKING INFORMATION INCLUDING INFORMATION RELATED TO ZALE CORPORATION'S GROWTH EXPECTATIONS AND FUTURE GROWTH INITIATIVES THAT IS BASED UPON MANAGEMENT'S BELIEFS AS WELL AS ON ASSUMPTIONS MADE BY AND DATA CURRENTLY AVAILABLE TO MANAGEMENT. THIS INFORMATION, WHICH HAS BEEN, OR IN THE FUTURE MAY BE, INCLUDED IN RELIANCE ON THE "SAFE HARBOR" PROVISIONS ON THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995, IS SUBJECT TO A NUMBER OF RISKS AND UNCERTAINTIES, INCLUDING BUT NOT LIMITED TO THE FOLLOWING FACTORS: THE DEVELOPMENT OF TRENDS IN THE GENERAL ECONOMY; COMPETITION IN THE FRAGMENTED RETAIL JEWELRY BUSINESS; THE DEPENDENCE ON KEY PERSONNEL WHO HAVE BEEN HIRED OR RETAINED BY THE COMPANY; THE CHANGES IN REGULATORY REQUIREMENTS WHICH ARE APPLICABLE TO THE COMPANY'S BUSINESS; MANAGEMENT'S DECISIONS TO PURSUE NEW DISTRIBUTION CHANNELS AND STRATEGIES WHICH MAY INVOLVE ADDITIONAL COSTS; AND THE RISK FACTORS LISTED HEREIN AND FROM TIME TO TIME IN THE COMPANY'S SECURITIES AND EXCHANGE COMMISSION REPORTS, INCLUDING BUT NOT LIMITED TO, ITS ANNUAL REPORTS ON FORM 10-K. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS TO REFLECT SUBSEQUENT EVENTS OR CIRCUMSTANCES EVEN IF EXPERIENCE OR FUTURE CHANGES MAKE IT CLEAR THAT ANY PROJECTED RESULTS EXPRESSED OR IMPLIED THEREIN MAY NOT BE REALIZED. # # # -----END PRIVACY-ENHANCED MESSAGE-----