Michael Hill International, the jewellery chain that bears its founder's name, increased revenue 8.7 per cent in the first quarter.
Sales edged up in its largest market in Australia and jumped in Canada, while momentum slowed in New Zealand.
Sales climbed to A$98.5 million ($112.33 million) in the three months to September 30, from A$90.6 million in the same period last year, the Brisbane-based company said in its first statement since shifting to Australian dollar reporting this month.
Sales at stores open more than 12 months rose 3.8 per cent to A$91.7 million, it said. Excluding the impact of conversion to Australian dollars, sales at Australian stores increased 5.5 per cent to A$64.8 million, New Zealand sales slipped 6.1 per cent to $21.3 million, Canadian sales rose 25 per cent to C$12.4 million ($14.36 million). US sales slipped 4.2 per cent to US$2 million ($2.4 million) reflecting the closure of one store.
Shares in Michael Hill closed unchanged yesterday at $1.43, having gained 16 per cent so far this year.
