The jewellery chain reported an overall sales increase of 3.1 per cent, reaching $AUD370.3 million. Revenue improved in each of the company’s three key markets, with Canada leading the way with a 6.1 per cent improvement, followed by Australia at 4.8 per cent.
Michael Hill International CEO Jonathan Waecker, appointed in August 2025, said the company had responded well to evolving consumer preferences.
“During the critical Christmas trading period, a strong focus on driving customer demand, combined with more disciplined product planning, store operations, and targeted promotional activity, delivered profitable net sales growth while maintaining margin,” Waecker said.
“Just as importantly, these results reflect how our teams have embraced change and executed with greater focus and pace.
He added: “Across the business, our people have shown real agility, leaning into new ways of working, challenging legacy processes, and lifting the quality of execution in everything we do.”
Michael Hill currently operates 285 stores worldwide.
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