Breville Group Limited (AU:BRG)
ASX:BRG
Earnings Data
Report Date
Aug 24, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.27Last Year’s EPS
0.27Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a positive operational and financial outcome for H1 FY26: record revenue (+10.1% to $1.1B), successful and timely manufacturing diversification (80% of U.S. gross profit sourced outside China), contained gross margin decline (‑130 bps) with gross profit growth (+6.3%), and an improved cash/net debt position (net cash $70.1M at Jan 31). Management acknowledged material near‑term headwinds from U.S. tariffs (funded $42M in cash payments) and distributor timing effects, but they have largely mitigated the impact through relocation, selective pricing, channel mix and continued investment in NPD, services and AI. Given the number and scale of positives — record sales, operational diversification, improving balance sheet and clear plans to realize further localization and AI efficiency gains — outweighing the manageable and largely one‑time tariff and timing challenges, the overall sentiment from the call is positive, while noting some near‑term uncertainties that will be monitored into FY27.Company Guidance
Record Revenue and Strong Growth
Group sales of $1.1 billion in H1 FY26, up 10.1% year‑on‑year; revenue has doubled over the last six years, driven by resilient premium consumer demand and NPD (new product development).
Gross Profitability Maintained Despite Tariffs
Gross margin decline contained to 130 basis points despite major U.S. tariff headwinds; gross profitability grew 6.3% as tactical price/mix actions and distribution changes clawed back cost pressure.
Manufacturing Diversification Delivered
Achieved target of sourcing 80% of U.S. gross profit dollars from locations outside China by Dec 2025 (120‑volt variants), materially mitigating tariff exposure and creating a path to improved mix in FY27.
Solid Profitability and Controlled Opex Investment
EBIT was largely stable (H1 EBIT $145.8M; +$1M or +0.7% YoY) while investing for growth: OpEx increase of $12.9M with ~60% allocated to new markets, marketing and D&A linked to manufacturing diversification and NPD.
Improved Cash Position and Conservative Leverage
Strong underlying cash flow funded $42M of U.S. tariff cash payments in the half; Dec 31 net debt improved by over $11.5M to $43.6M (pcp) and the group moved to a net cash position of $70.1M on Jan 31, 2026 (vs $18.7M prior period). Leverage remains low at 0.2x LTM EBITDA.
Geographic and Channel Momentum
Global Product revenue +10.9% (9.3% constant currency); Americas revenue +11.1% cc; direct markets in APAC, EMEA and Americas grew double digits in constant currency; 300 store‑in‑store rollouts in Best Buy in the U.S. added in November and encouraging early retailer traction (Target and El Palacio de Hierro examples).
Successful New Products and Service Growth
NPD traction with Oracle Dual Boiler (award winner), IQ Toaster, Encore ESP Pro and new mixed‑metals range; Beanz service showed accelerated calendar year 2025 growth vs 2024 with platform handling peak volumes; AI and platform investments driving operational gains (1000+ employees using AI monthly).
Shareholder Return Maintained
Interim fully franked dividend of $0.19, up 5.6% on prior period.
AU:BRG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:BRG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 11, 2026 | AU$33.22 | AU$33.79 | +1.71% |
Aug 19, 2025 | AU$35.60 | AU$34.81 | -2.22% |
Feb 10, 2025 | AU$37.04 | AU$36.22 | -2.20% |
Aug 20, 2024 | AU$28.95 | AU$30.30 | +4.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Breville Group Limited (AU:BRG) report earnings?
Breville Group Limited (AU:BRG) is schdueled to report earning on Aug 24, 2026, TBA (Confirmed).
What is Breville Group Limited (AU:BRG) earnings time?
Breville Group Limited (AU:BRG) earnings time is at Aug 24, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is the P/E ratio of Breville Group Limited stock?
The P/E ratio of Breville Group is N/A.
What is AU:BRG EPS forecast?
AU:BRG EPS forecast for the fiscal quarter 2026 (Q4) is 0.27.