12 Oct 2011

Michael Hill first-quarter sales up on 2010

11:16 am on 12 October 2011

Michael Hill International has lifted its first-quarter sales, helped by a strong performance in its United States stores.

The listed jeweller says it generated sales of $94 million in the three months to the end of September, 1.4% higher than in the same period in 2010.

The company says sales in Australia, New Zealand and Canada have been challenging but its US business has experienced strong growth, with sales at stores open more than a year rising 18% in the quarter.