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:

PaySauce Quarterly Market Update - September 2024
October 2nd Morning Report
Rua Releases Annual Report for Year Ended 30 June 2024
SCL - Settlement of orchard sales
The Warehouse Group 2024 ASM and Director Nominations
AIR - Update on Chief Operational Integrity and Safety Officer
Comvita Limited - Annual Report 2024
September 27th Morning Report
Spark announces departure of Finance Director
FBU - Retail Entitlement Offer Opens