Australia's Michael Hill International soars on robust trading update

Michael Hill International

Yesterday 03:49

** Shares of Michael Hill International MHJ.AX rise as much as 6.1% to A$0.35, set to log best session since September 28
** Marks highest level since October 5
** Apparel and accessories retailer says group same store sales were up 6.6% on a constant currency basis in the first 16-weeks on FY27, on strong performance across all segments
** Co says gross margin is holding in line with last year on disciplined pricing and retail execution, with refreshed go-to-market campaigns
** Down 1% YTD, including the session's moves
     

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))