Breville Likely Needs to Raise Prices in FY26 Due to Tariffs -- Market Talk
Dow Jones
May 14, 2025
2252 GMT - The U.S. and China paused their mega tariffs after weekend talks, but appliance maker Breville still faces the dilemma of how to handle the levies that remain. The U.S. will retain a 30% tariff on Chinese imports. Barrenjoey says this implies Breville will need to lift prices by 8% with retailers raising prices by 6%. "We understand Breville has enough inventory in the U.S. to last until the end of FY 2025 across most product lines," says analyst Tom Kierath. "We think this limits the need to lift price in the very short term, but prices will need to rise in FY 2026." Barrenjoey retains a "neutral" call on Breville. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
May 13, 2025 18:52 ET (22:52 GMT)
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