Michael Hill first quarter revenue rises 8.7 percent

Fri, 11 Oct 2013

By Tina Morrison Oct 11 (BusinessDesk) – Michael Hill International, the jewellery chain that bears its founder’s name, increased revenue 8.7 percent in the first quarter as sales edged up in its largest market in Australia and jumped in Canada, while momentum slowed in New Zealand. Sales climbed to A$98.5 million in the three months ended Sept. 30, from A$90.6 million in the year earlier period, the Brisbane-based company said in its first statement since shifting to Australian dollar reporting on Oct.3. Sales at stores open more than 12 mon...

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