Michael Hill nine month sales up 9 percent
Jeweller Michael Hill International (MHI) reported nine month sales rose 9 percent to $372.3 million, despite negative impacts of natural disasters in Queensland and Christchurch.
Jeweller Michael Hill International (MHI) reported nine month sales rose 9 percent to $372.3 million, despite negative impacts of natural disasters in Queensland and Christchurch.
The company also today said same store sales were up 8.6 percent in the nine months to the end of March to $359.7m. That included third quarter same store growth of 5.7 percent.
Australian same store sales growth for the nine months rose 9.5 percent to $244.4m, with all store sales up 10.5 percent to $250.9m.
In this country same store sales gained 3.5 percent to $76.7m for the nine months, with all sales up 4.7 percent to $77.6m. Canadian same store sales gained 13.5 percent to $30.5m, while all store sales lifted 22.1 percent to $35.9m.
In the United States, where store numbers were reduced to nine from 17 last June, same store sales lifted 13.4 percent to $8.1m, while all sales fell 28.2 percent to $8m.
NZPA
Thu, 14 Apr 2011
Thu, 14 Apr 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Michael Hill nine month sales up 9 percent
13887