Margin pressure continues at Michael Hill although sales rise

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

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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

May 14th Morning Report
PEB - Pacific Edge Placement Increased to NZ$25.4 Million
Radius Care Reports Earnings Growth and 50% Higher Dividend
May 13th Morning Report
Pacific Edge launches capital raise of NZ$24 million
SML - Resignation of Synlait Director
FBU - Sale of Laminex Cheltenham property
CVT - Comvita Achieves Minimum Capital Raise Requirement
Devon Funds Morning Note - 04 May 2026
MEL - Meridian joins global ranks of sustainable companies