Signet revenue also jumped 6% to $810 million, while same-store sales grew 5.8%. Sales at Signet's higher-end chain Jared The Galleria of Jewelry, surged nearly 16%. Even Zale ( ZLC), which has struggled the most amid the recession, said on Wednesday that it managed to narrow its third-quarter loss as margins improved and it was boosted by a tax benefit. During the quarter, the more moderately priced jeweler lost $12.1 million, or 38 cents a share, compared with a loss of $19.5 million, or 61 cents, in the year prior. Excluding the tax gain, Zale actually lost a much steeper 76 cents a share, but this was still substantially better than Wall Street's forecast of 95 cents. Zale revenue declined 5% to $359.8 million, after the company shut down its supply chain in December in an effort to preserve liquidity. Zale did, however, see more items being sold at full price. Zale is still rallying on the report, with shares spiking 9.1% to $2.75 Thursday morning. -- Reported by Jeanine Poggi in New York. Follow Jeanine Poggi on Twitter and become a fan of TheStreet on Facebook.