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Michael Hill Lifts FY26 EBIT Up to 57% on Solid Sales Growth

7:35am on Friday 31st of July, 2026 AEST Retail
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Michael Hill Lifts FY26 EBIT Up to 57% on Solid Sales Growth

7:35am on Friday 31st of July, 2026 AEST
Key Points
  • Group sales increased 2.0% to $654.7 million
  • Same store sales up 3.0% with Canada leading at 7.0%
  • Comparable EBIT forecast between $22.0m and $24.0m, up 44%-57%
  • Store network trimmed by six locations, closing eight and opening two
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