Michael Hill lifts first-half sales on North American growth

Thu, 08 Jan 2015

By Paul McBeth Jan. 9 (BusinessDesk) - Michael Hill International, the jewellery chain bearing the name of its founder, lifted first-half sales 3.9 percent as growth in its target North American market offset a weak Australian trading environment. Sales across all store rose to A$279.3 million in the six months ended Dec. 31 from $268.9 million, and were up 0.8 percent on a same-store basis, the Brisbane-based company said in a statement. That growth was led by a 24 percent lift in its United States segment to A$6.8 million and a 16 perce...

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