Michael Hill's chance of Australian turnaround: analysts weigh in

Analysts have mixed views on the chance of an Australian turnaround for NBR Rich Lister Sir Michael Hill's listed jewellery stores.

Michael Hill International announced today an increase in full-year annual profit by 5.8% to $36.5 million.

Lifting the shrinking sales in Australia – the largest part of the business – will be a big focus for Michael Hill this financial year.

 

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