Michael Hill lifts first-quarter revenue 14 percent on rising North American sales

Thu, 04 Oct 2012

By Hannah Lynch Oct. 5 (BusinessDesk) - Michael Hill International, the listed jewellery chain, lifted first-quarter revenue rose 14 percent in New Zealand dollar terms, boosted by an improvement in its North American and Australian markets Total sales climbed to $116.4 million in the three months ended Sept. 30, from $101.8 million a year earlier, the Brisbane-based company said in a statement. Same-store sales rose 8.5 percent to $108 million. Total Canadian sales jumped 29 percent to $12.3 million, followed by Australia up 14 percent to...

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