2336 GMT - The effect of U.S. tariffs remains the key near-term issue facing Australian small-appliance maker Breville, RBC analyst Wei-Weng Chen says. Breville has warned of a material increase in costs for fiscal 2026, based on the current tariff regime. Chen points out that analysts are already anticipating only minimal earnings growth in fiscal 2026. Breville says it is actively looking for ways to mitigate the tariff effects including by raising prices, and Chen expects the company to face plenty of questions on the topic. RBC has a "sector-perform" rating and A$32.00 target price on the stock, which is at A$36.06 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
August 19, 2025 19:36 ET (23:36 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.