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The latest announcement is out from Michael Hill International Ltd. ( (AU:MHJ) ).
Michael Hill International reported a solid first-half trading update for the 26 weeks to 28 December 2025, with preliminary group sales rising 3.1% to $370.3 million and same-store sales up 3.8%, driven by record performance in Canada, strong growth in Australia and a return to positive same-store growth in New Zealand. Comparable EBIT is expected to increase to between $27 million and $30 million, up 12%–24% year-on-year, as disciplined product planning, targeted promotions and a stronger Christmas trading period helped offset record-high precious metal input costs and keep gross margins broadly flat, while inventory was cut by about $11 million and the balance sheet shifted to a net cash position of roughly $20 million, supported by a refinanced debt facility and ongoing store portfolio optimisation including new and refurbished flagship locations.
The most recent analyst rating on (AU:MHJ) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Michael Hill International Ltd. stock, see the AU:MHJ Stock Forecast page.
More about Michael Hill International Ltd.
Michael Hill International Limited is a specialty jewellery retailer listed on the ASX and NZX, operating Michael Hill and Bevilles-branded stores across Australia, New Zealand and Canada. The company focuses on gold, silver and other precious metal jewellery and related products, selling through a network of more than 280 physical stores and online channels in its core Australasian and North American markets.
Average Trading Volume: 75,581
Technical Sentiment Signal: Sell
Current Market Cap: A$142.4M
See more data about MHJ stock on TipRanks’ Stock Analysis page.