U.S. Tariffs Loom as Key Issue for Breville -- Market Talk
Dow Jones
Aug 20
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.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.