Zale anounced that it lost $4.5 million, or 14 cents per share, in the most recent fiscal quarter, versus a loss of $9 million, or 28 cents per share, the same period last year.

U. S. specialty jewelry retailer Zale Corp . reported a year-over-year revenue increase of 8.1 percent to $45 million for the third quarter of 2012, which includes $8.5 million resulting from a previously disclosed change in warranty revenue recognition.