Brief: Michael Hill International Says HY Group Same Store Sales Were Up 11.4% To A$306.5 Mln

Michael Hill International

22/02/2022 08:43

Feb 22 (Reuters) - Michael Hill International Ltd  MHJ.AX :
    * HY GROUP SAME STORE SALES WERE UP 11.4% TO A$306.5 MILLION
    * INTERIM DIVIDEND PAYMENT OF AU3.5 CENTS PER SHARE
    * HAS UNDERTAKEN A CAPITAL MANAGEMENT REVIEW
    * REVIEW INCORPORATES RELEASE OF A NEW DIVIDEND POLICY
    * COMPANY IS ACTIVELY EXPLORING A NUMBER OF INVESTMENT
OPPORTUNITIES ACROSS JEWELLERY SECTOR
    * HY STATUTORY NET PROFIT AFTER TAX WAS A$37.1M (FY21H1:
A$37.6M)
    * IN FIRST EIGHT WEEKS OF FY22H2: GROUP ALL STORE SALES WERE
UP
+14%
    * FOR FIRST EIGHT WEEKS OF FY22H2, GROUP SAME STORE SALES
WERE
FLAT
    * FOR FIRST EIGHT WEEKS OF FY22H2, GROSS MARGIN REMAINS
STRONG


Further company coverage:  MHJ.AX 

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