0054 GMT - Breville's bulls at Macquarie see recent trading updates from global retailers supporting their positive view of the small-appliance maker. Analysts at the investment bank point to upgraded annual revenue guidance at U.S. retailer Williams Sonoma and a 3% rise in recent like-for-like sales at U.K. chain Currys. They add that Williams Sonoma's 2Q kitchen-segment revenue was up 5.1% on a like-for-like basis, while Currys highlighted the strength of coffee-related sales. The analysts write in a note that they expect Breville to deliver 10% compound annual revenue growth through fiscal 2028. Macquarie keeps an outperform rating and A$39.20 target price on the stock, which is up 0.3% at A$30.67. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
September 14, 2025 20:54 ET (00:54 GMT)
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