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Michael Hill Eyes Margin Gains After Flat FY25 Amid Market Challenges

10:51am on Wednesday 22nd of October, 2025 AEDT Retail
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Michael Hill Eyes Margin Gains After Flat FY25 Amid Market Challenges

10:51am on Wednesday 22nd of October, 2025 AEDT
Key Points
  • FY25 revenue steady at $644 million with comparable EBIT of $15.3 million
  • Australia and Canada segments delivered revenue growth despite New Zealand softness
  • Gross margin improved by approximately 100 basis points in early FY26
  • Strategic initiatives include new flagship stores, product launches, and sustainability efforts
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