middle.news
Michael Hill Holds Steady in FY25 with Flat EBIT and Sales Despite Store Closures
2:14pm on Thursday 31st of July, 2025 AEST
•
Retail
Read Story
Michael Hill Holds Steady in FY25 with Flat EBIT and Sales Despite Store Closures
2:14pm on Thursday 31st of July, 2025 AEST
Key Points
FY25 comparable EBIT expected between $14m and $16m, near FY24 levels
Group sales flat year-on-year, with 2.4% same store sales growth in H2
Gross margin stable at approximately 60.5%, despite promotional pressures
14 Michael Hill stores closed, total store count reduced from 300 to 287
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Michael Hill International (ASX:MHJ)
OPEN ARTICLE