Articles On Michael Hill International (ASX:MHJ)

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10 at 10: These ASX stocks are flexing their muscles this morning

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead MHJ 3 years ago
Michael Hill sales dive as executives take pay cuts

Covid-19 trading restrictions have taken the shine off jewellery group Michael Hill (ASX: MHJ) with total store revenue down 11.9 per cent in the third quarter of FY20. The results come as the listed retailer cuts board fees and slashes e...

BusinessNewsAus MHJ 4 years ago
All the ASX retail shares that have shut up shop due to coronavirus

Social distancing and travel restrictions are taking their toll on Australia’s retail sector. With shoppers choosing to stay indoors foot traffic has slowed dramatically as have sales. Fears around the spread of coronavirus have prompted...

Motley Fool MHJ 4 years ago
Coronavirus: ASX shopping centre landlords to take hit as retailers shut up shop

Retailers have been at the forefront of coronavirus casualties so far, with many shutting up shop in the face of increasing government restrictions. Landlords, however, are likely to form part of a second wave of casualties as the economic...

Motley Fool MHJ 4 years ago
Accent Group shares down 6% on store closure news

Accent Group Ltd (ASX: AX1) share price is down more than 6% at the time of writing, after the retailer announced the closure of all its stores in the face of the coronavirus pandemic. Stores will be closed for 4 weeks from 5pm on Friday 2...

Motley Fool MHJ 4 years ago
Start of a recovery? ASX 200 finishes Tuesday 4.2% higher

The S&P/ASX 200 Index (ASX: XJO) finished 4.2% higher on Tuesday, could this be the start of a recovery? The ASX was volatile again today. Whilst the ASX did go up, there were still strong movements in both directions: Diverging share...

Motley Fool MHJ 4 years ago
Michael Hill shares down 20% after becoming first major retailer to close its doors

Earlier today, Michael Hill International Ltd (ASX:MHJ) announced that the company has suspended the operations of its stores in Australia and New Zealand. In afternoon trade, Michael Hill shares are down 20% to trade at 22 cents. Here’s w...

Motley Fool MHJ 4 years ago
Michael Hill to shut down entire store network

Jewellery retailer Michael Hill (ASX: MHJ) will close all stores in Australia and New Zealand indefinitely as consumer sentiment nosedives. In a statement to the ASX Michael Hill says the current conduct of its business is not in line wit...

BusinessNewsAus MHJ 4 years ago
Michael Hill shuts down stores in Canada

Pursuant to public health guidance in Canada jewellery retailer Michael Hill (ASX: MHJ) will shut down its store network for a period of two weeks. The company says it will revisit the decision and either reopen or extend store closures a...

BusinessNewsAus MHJ 4 years ago
Covid-19 Updates: Live

Michael Hill shuts down stores in Canada. Pursuant to public health guidance in Canada jewellery retailer Michael Hill (ASX: MHJ) will shut down its store network for a period of two weeks. The company says it will revisit the decision...

BusinessNewsAus MHJ 4 years ago
Half Yearlies: More people want home loans and Resimac is seeing the $$ roll in

On the third day in a row our markets have fallen over 1 per cent there were few half yearlies that excited investors. But mortgage lender Resimac (ASX:RMC) led the charge. Shares in the company gained another 7 per cent, placing them over...

Stockhead MHJ 4 years ago
Michael Hill shines online

A boost in e-commerce sales has contributed to some polished results for jewellery retailer Michael Hill (ASX: MHJ) in 1H20. Defying general Australian retail trends, the omnichannel player posted a 19.6 per cent increase to its NPAT, rea...

BusinessNewsAus MHJ 4 years ago
This ASX retail share just posted solid profit growth in a challenging market

The Michael Hill International Ltd (ASX: MHJ) share price will be one to watch on Wednesday. This follows the release of the jewellery retailer’s half year results this morning. How did Michael Hill perform in the first half? For the six m...

Motley Fool MHJ 4 years ago
Michael Hill International (ASX:MHJ) see NPAT rise 19.6%

26 Feb 2020 - Jeweller Michael Hill International (ASX:MHJ) today announced its half year financial results period ending 29 December 2019 showing statutory net profit after tax in…

FNN MHJ 4 years ago
ALL ORDINARIES finishes higher Thursday: 8 ASX shares you missed

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Thursday.  Here’s a short recap of the Australian market:  S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.67...

Motley Fool MHJ 4 years ago
Corporate: Michael Hill thrived through the Christmas quarter thanks to Black Friday

Since Michael Hill’s (ASX:MHJ) last quarterly, shareholders awaited the Christmas period with bated breath after the jewellery retailer stressed its importance. Today it revealed that it had seen some Christmas cheer and earlier than the ye...

Stockhead MHJ 4 years ago
Will online boost and lab-grown diamonds mean a glistening future for Michael Hill?

Sales rose by 3.3 per cent for iconic jeweller Michael Hill International (ASX: MHJ) in the second quarter while new initiatives in e-commerce and synthetic diamonds set the scene for potential future growth opportunities. Online sales st...

BusinessNewsAus MHJ 4 years ago
Michael Hill share price on watch after second quarter update

The Michael Hill International Ltd (ASX: MHJ) share price will be on watch today after the release of a trading update. What did Michael Hill announce? With a number of retailers going into administration this month, you’d be forgiven for...

Motley Fool MHJ 4 years ago
Michael Hill International turnaround steadily on track

The company has 304 jewellery stores globally across Australia, New Zealand and Canada and generated $327.3 million sales for the December half.

Proactive Investors MHJ 4 years ago
ASX retail shares could continue to feel the pinch in 2020

Modest growth in retail spending is predicted in 2020, keeping pressure on for retailers after a difficult 2019. As reported in the Australian Financial Review (AFR), the Australian Retailers Association expects spending to rise 2.4% to 2....

Motley Fool MHJ 4 years ago
Top broker names best small cap retailers to buy for 2020

The retails landscape looks challenging but there’s a handful of small cap ASX retailers that should be on your shopping list as we head into Christmas, according to Citigroup. The broker reviewed the Black Friday sales event and found tha...

Motley Fool MHJ 4 years ago
Why your partner is the most important investment for your wealth

The person you choose to be your partner will have a very large impact on your wealth, so it’s an extremely important choice. Firstly, I’m not saying you need to go find the richest person that will have you. The only gold digging that’s a...

Motley Fool MHJ 4 years ago
Is retail really struggling? Small cap retail stocks up 6 per cent in six months

Is retail in as bad shape as economists claim it is? Not if you ask ASX retail small caps. In the last six months, these companies have gained an average 6 per cent — a period that includes the effects of the Morrison governments tax cuts a...

Stockhead MHJ 4 years ago
The Monday Report – 14 October 2019

By Greg Peel Optimistic There's no point on dwelling on what transpired on the ASX on Friday as the rally in the ASX200 was all about anticipation of what we subsequently know. Wall Street was optimistic overnight about at least a par...

FNArena MHJ 4 years ago
The Up-Trending Stocks – CCA, SIL, BUD, KAM, MHJ, MAG

These six stocks have been among the best performers on ASX, as on 11 October 2019. The benchmark index (Australian) closed higher by 0.9% or 59.7 points. Also, the stocks- CCA, SIL, BUD, KAM, MAG and MHG have recorded a change of 10% or mo...

Kalkine Media MHJ 4 years ago
Why CYBG, HUB24, Michael Hill, & Silver Lake shares zoomed higher

The S&P/ASX 200 index has followed the lead of U.S. markets and is on course to end the week on a positive note. At the time of writing the benchmark index is up 0.7% to 6,591 points. Four shares climbing more than most today are liste...

Motley Fool MHJ 4 years ago
ALL ORDINARIES Index (XAO) Up, CYBG (ASX:CYB) Share Price Rises

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.74% at lunch. The CYBG Plc (ASX: CYB) share price is leading the ASX 200, it’s up almost 10% this morning on positive Brexit developments. **...

Rask Media MHJ 4 years ago
10 at 10: These ASX stocks are sailing ahead this morning

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead MHJ 4 years ago
Q1 Update – Is The Michael Hill (ASX:MHJ) Share Price A Buy?

Is the Michael Hill International Ltd (ASX: MHJ) share price a buy after its first quarter trading update? Sir Michael Hill founded the jewellery business in 1979 and now has 306 stores globally across Australia, New Zealand and Canada. Its...

Rask Media MHJ 4 years ago
ASX 200 (XJO) To Open Higher, 3 ASX Shares To Watch

The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.64% on Thursday. Australian Dollar ($A) (AUDUSD): 67.60US cents Dow Jones (DJI): up 0.57% Oil (WTI): $US53.88 per barrel Gold:...

Rask Media MHJ 4 years ago
Michael Hill delivers strong quarterly sales growth

The Michael Hill International Ltd (ASX: MHJ) share price could be on the move this morning following the release of its first quarter update. How did Michael Hill perform in the first quarter? The jewellery retailer has had a strong start...

Motley Fool MHJ 4 years ago
Three Consumer Discretionary Stocks – MHJ, VTG, TRA

Consumer discretionary is the term representative of goods and services which consumers consider as non-essential, but these are desirable if their available income allows them to purchase the same while the decision to buy them is also det...

Kalkine Media MHJ 4 years ago
Retail: Baby Bunting’s online sales grew 43pc, shares grow 15pc

Baby Bunting (ASX:BBN) was up over 15 per cent in early trade after outlining a 43 per cent jump on NPAT year on year to $12.4 million on the back of a 21 per cent jump in profit. Releasing its annual results to the market today, it said an...

Stockhead MHJ 4 years ago
Michael Hill International see a 14% decline in underlying EBIT

16 Aug 2019 - Michael Hill International (ASX:MHJ) has announced its financial results for the full year to 30 June 2019 showing underlying EBIT for the period was down 13.7 per ce…

FNN MHJ 4 years ago
Despite "disappointing" results, Michael Hill is optimistic for year ahead

A transitional period and challenging market conditions have taken the sparkle out of Michael Hill's (ASX: MHJ) FY19. Group operating revenues were down slightly to $569.5 million while underlying earnings also dropped 13.7 per cent to $3...

BusinessNewsAus MHJ 4 years ago
Results: Michael Hill posts 14% decline in underlying earnings

The Michael Hill International Ltd (ASX: MHJ) share price could be on the move on Friday following the release of the jewellery retailer’s full year results this morning. How did Michael Hill perform in FY 2019? For the 12 months ended Jun...

Motley Fool MHJ 4 years ago
Weekly Ratings, Targets, Forecast Changes

By Rudi Filapek-Vandyck, Editor FNArena Guide: The FNArena database tabulates the views of eight major Australian and international stock brokers: Citi, Credit Suisse, Deutsche Bank, Macquarie, Morgan Stanley, Morgans, Ord Minnett and...

FNArena MHJ 4 years ago
Director’s Trades: Everyone’s on holidays except those dreaming of one

This week only six directors traded $100,000 or more. So we’ve also recapped some big directors’ trades from earlier this year seeing if they paid off – including that millennial director who spent $100,000 on his company rather than a hous...

Stockhead MHJ 4 years ago
Brokers name 3 ASX shares to buy today

A large number of broker notes have hit the wires this week, leading to many popular shares being declared buys and sells. Three shares that are in favour with brokers and have been given a buy rating are listed below. Here’s why they are...

Motley Fool MHJ 4 years ago
Why this ASX retail share charged 6% higher today

The Noni B Limited (ASX: NBL) share price is on course to have a positive finish to the week. In morning trade the fashion retailer’s shares are up 2.5% to $2.80. At one stage they were up as much as 6% to $2.89. Why is the Noni B share pr...

Motley Fool MHJ 4 years ago
Two Retail Stocks In The Limelight-MHJ & WOW

In this article, we would discuss two stocks from the retail industry. These two stocks have been in the light due to some reasons, which are discussed in detail below. The Australian benchmark index closed at 6716.1, up by 0.4% or 26.3 poi...

Kalkine Media MHJ 4 years ago
Why The Michael Hill (ASX:MHJ) Share Price Isn’t Glittering

The Michael Hill International Ltd (ASX: MHJ) share price is not glittering today, it’s down around 2% after releasing a trading update. Sir Michael Hill founded the jewellery business in 1979 and now has 306 stores globally across Australi...

Rask Media MHJ 4 years ago
Corporate: Even Gina Rinehart is not safe from small cap losses; she’s cut her Lakes Oil stake by $280k

Its been a tough few years for Lakes Oil (ASX:LKO) with a falling share price and a moratorium on gas exploration in Victoria. Australia’s richest woman, Gina Rinehart, has revealed that this year she’s sold $280,000 of her stake in the com...

Stockhead MHJ 4 years ago
Michael Hill announces bumper backpay for employees

Jewellery retailer Michael Hill (ASX: MHJ) has announced that it owes employees between $10 million and $25 million in remediation payments. The group discovered this remuneration discrepancy when conducting a review into its Australian r...

BusinessNewsAus MHJ 4 years ago
Michael Hill may spend up to $25 million on staff underpayments

11 Jul 2019 - Jeweller Michael Hill International (ASX:MHJ) is set to do a full remediation program after a review of retail employment contracts showed many staff were underpaid i…

FNN MHJ 4 years ago
Why the Michael Hill share price could push higher today

The Michael Hill International Ltd (ASX: MHJ) share price could be on the move on Thursday after the jewellery retailer provided a trading update. What was in the update? According to the release, the company’s performance continued to imp...

Motley Fool MHJ 4 years ago