Michael Hill International Limited (NZX:MHJ) has provided a business update across its market segments. Key points include:
- The company is gradually reopening its stores in all markets with safety protocols in place;
- It has registered strong digital trading growth, with sales above previous record Christmas 2019 levels for the past three weeks;
- The company’s absolute focus is on cost reduction to eliminate non-essential expenditure and manage its cost of doing business (CODB).
At NZST 01:23PM, the stock was trading at $0.370 per share, up by 2.78% from its previous close.