Sharechat Logo

Margin pressure continues at Michael Hill although sales rise

Thursday 16th January 2020

Text too small?

Michael Hill International says group sales were up 3.3 percent over the December quarter but gross margins remain below historical levels.  The Australasian jeweller said total sales rose to A$203.47 million for 13 weeks to 29 Dec. 2019 from A$197.05 million over the same period last year. On a

Read the full story at BusinessDesk — subscribe now: https://businessdesk.co.nz/article/margin-pressure-continues-at-michael-hill-although-sales-rise



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

AM Best affirms Tower Limited's A- (Excellent) FSR
MCK enters into conditional agreement for Whangarei land
April 26th Morning Report
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills
GTK - Half-Year Results Announcement Date