Jewellers Michael Hill International lifted annual profit by 5.8 per cent as recovering sales in New Zealand, Canada and the United States made up for shrinking sales in Australia.
Profit rose to $36.5 million in the year ended June 30, from $34.5m a year earlier.
Sales rose 4.5 per cent to $511m.
"A big focus for the coming year will be to drive same-store sales revenue in Australia - additional resources have been placed in this market with a view to turning around the results," chairman Sir Michael Hill said on Friday.
In Australia, the retailer managed to lift sales 1.8 per cent to $333m even in the face of a difficult retail sector, while same-store sales, which measures outlets open at least 12 months, fell 2.2 per cent in local currency terms.
Three stores were closed during the period, taking the total of stores in Australia to 153.
Sales in Canada rose 14.3 per cent to $55m, followed by the US up 12.5 per cent to $12m and New Zealand rising 7.1 per cent to $109m.
Same-store sales in the US rose 17.2 per cent, followed by New Zealand up 7.3 per cent and Canada rising 5.8 per cent.
Michael Hill opened no new stores in Canada, one in New Zealand and nine in the US.
"The board is satisfied with the progress of the US operation over the past 12 months but acknowledges there is still as long way to go before the business is proven up in the US market," Sir Michael said.
"Focus remains on improving both the top line sales and the margins in order to grow the bottom line in the nine stores over the coming 12 months."
Sales for the company's professional care plan, which offers maintenance and repairs on jewellery, rose 56 per cent to about $27m.
The company will pay a dividend of 3.5 cents per share, up from 3c last year, taking the year's total dividend to 5.5c.