Tariff Pain to Impact Reliance Worldwide for Longer -- Market Talk

Dow Jones

Feb 17

2200 GMT - There's not much to get excited about in Reliance Worldwide's 1H result, says Jefferies analyst Ramoun Lazar. He expects the plumbing fittings supplier's stock to struggle today. U.S. tariffs dented Reliance's earnings in 1H and the impact of the levies has got incrementally worse. Reliance estimates the net impact of tariffs in FY 2026 at US$25 million-US$30 million, weighted mostly to 1H. That guidance was unchanged but Reliance now expects a residual impact of US$5 million-US$7 million in FY 2027. That compared to zero impact forecast before. Reliance blamed timeframes associated with commissioning a new facility in Mexico together with other sourcing changes. Reliance ended Monday at A$3.85, down some 28% over the past 12 months. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 16, 2026 17:00 ET (22:00 GMT)

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He expects the plumbing fittings supplier's stock to struggle today. U.S. tariffs dented Reliance's earnings in 1H and the impact of the levies has got incrementally worse. Reliance estimates the net impact of tariffs in FY 2026 at US$25 million-US$30 million, weighted mostly to 1H. That guidance was unchanged but Reliance now expects a residual impact of US$5 million-US$7 million in FY 2027. That compared to zero impact forecast before. Reliance blamed timeframes associated with commissioning a new facility in Mexico together with other sourcing changes. Reliance ended Monday at A$3.85, down some 28% over the past 12 months. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 16, 2026 17:00 ET (22:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tariff Pain to Impact Reliance Worldwide for Longer -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTariff Pain to Impact Reliance Worldwide for Longer -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-17 06:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2200 GMT - There's not much to get excited about in <a href=\"https://laohu8.com/S/RLLWF\">Reliance Worldwide</a>'s 1H result, says Jefferies analyst Ramoun Lazar. He expects the plumbing fittings supplier's stock to struggle today. U.S. tariffs dented Reliance's earnings in 1H and the impact of the levies has got incrementally worse. Reliance estimates the net impact of tariffs in FY 2026 at US$25 million-US$30 million, weighted mostly to 1H. That guidance was unchanged but Reliance now expects a residual impact of US$5 million-US$7 million in FY 2027. That compared to zero impact forecast before. Reliance blamed timeframes associated with commissioning a new facility in Mexico together with other sourcing changes. Reliance ended Monday at A$3.85, down some 28% over the past 12 months. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 16, 2026 17:00 ET (22:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7012","symbol_name":"建筑产品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612480250","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612480250","pubTimestamp":1771279200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2200 GMT - There's not much to get excited about in Reliance Worldwide's 1H result, says Jefferies analyst Ramoun Lazar. He expects the plumbing fittings supplier's stock to struggle today. U.S. tariffs dented Reliance's earnings in 1H and the impact of the levies has got incrementally worse. Reliance estimates the net impact of tariffs in FY 2026 at US$25 million-US$30 million, weighted mostly to 1H. That guidance was unchanged but Reliance now expects a residual impact of US$5 million-US$7 million in FY 2027. That compared to zero impact forecast before. Reliance blamed timeframes associated with commissioning a new facility in Mexico together with other sourcing changes. Reliance ended Monday at A$3.85, down some 28% over the past 12 months. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7012":"建筑产品","RWC.AU":"RELIANCE WORLDWIDE CORP LTD"},"translate_title":"关税痛苦将对Reliance Worldwide产生更长时间的影响——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RWC.AU":0.9},"content_text":"2200 GMT - There's not much to get excited about in Reliance Worldwide's 1H result, says Jefferies analyst Ramoun Lazar. He expects the plumbing fittings supplier's stock to struggle today. U.S. tariffs dented Reliance's earnings in 1H and the impact of the levies has got incrementally worse. Reliance estimates the net impact of tariffs in FY 2026 at US$25 million-US$30 million, weighted mostly to 1H. That guidance was unchanged but Reliance now expects a residual impact of US$5 million-US$7 million in FY 2027. That compared to zero impact forecast before. Reliance blamed timeframes associated with commissioning a new facility in Mexico together with other sourcing changes. Reliance ended Monday at A$3.85, down some 28% over the past 12 months. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 16, 2026 17:00 ET (22:00 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}