Up Nearly 9% in a Year: Is Breville Group Ltd (ASX:BRG) Still Worth Watching?

Sonal Goyal

22 October 2026 10:29 PM AEDT

Up Nearly 9% in a Year: Is Breville Group Ltd (ASX:BRG) Still Worth Watching?

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Key highlights

Breville Group Ltd (ASX:BRG) shares were priced at $31.59 as at 22 October 2026, up 0.41% on the day and up approximately 8.71% over the past year.
Breville reported FY26 revenue of $1,810.9 million, up 6.7%, and EBIT of $207.0 million, up 1.2%, in its 19 August 2026 release.
NPAT was $138.1 million, the dividend was 38.0 cents, and net cash was $104.4 million.

As at 22 October 2026, Breville Group Ltd (ASX:BRG) shares were priced at $31.59, up 0.41% on the day, and the share performance data shows the stock up approximately 8.71% over the past year. Breville is a designer and distributor of small kitchen appliances, including espresso machines, sold in over 70 countries. Breville reported FY26 revenue of $1,810.9 million, up 6.7%, and EBIT of $207.0 million, up 1.2%, in its 19 August 2026 release.

About Breville Group Ltd: business overview

Breville Group Limited designs and sells premium kitchen appliances, particularly coffee machines and cooking products, through retailers and online channels across North America, Asia Pacific, Europe and other markets.

FY26 results

In an ASX release dated 19 August 2026, Breville reported revenue of $1,810.9 million, up 6.7% (9.7% in constant currency), gross profit of $651.4 million and a gross margin of 36.0%, down from 36.6%. EBITDA was $284.1 million, EBIT was $207.0 million, up 1.2%, and NPAT was $138.1 million, up 1.7%. Reported revenue growth was reduced by a lower US dollar and euro in the second half, and second-half gross margin of 36.8% was above the first half and the prior period.

Manufacturing and tariffs

The company said manufacturing diversification was substantially complete, with 85% of 120-volt product gross profit dollars now sourced outside China. Net tariffs were managed with the supply chain, and refunds were treated on the same net basis, producing minimal net profit effect in FY26. Full-year gross margin reflected higher net tariffs and the transition costs of accelerated diversification.

Growth and returns

Coffee and Cooking each grew revenue by double digits, and young markets including China, Korea, Mexico and the Middle East grew by over 70% collectively. The dividend was 38.0 cents, fully franked, and net cash was $104.4 million versus $48.5 million. Return on equity was 13.6%, down from 14.9%.

Related sector context

Retailers are influenced by household spending, consumer confidence, interest rates, supplier pricing and tariffs, and the timing of key trading periods. Companies commonly publish trading updates between full results, and report sales, gross margin, store networks and online share alongside profit. Yearly share price changes in the segment can reflect shifts in expectations for spending and housing-related demand as well as company-specific results.

Risks to weigh in

Gross margin fell for the year, EBIT growth was 1.2%, and US tariffs changed four times during the year. Currency, supply chain disruption linked to the Strait of Hormuz and consumer demand can affect outcomes.

Catalysts on watch

Items to watch include gross margin recovery, tariff developments, growth in new markets and the half-year result.

Closing perspective

Breville’s 19 August 2026 release recorded record sales with modest profit growth and a completed manufacturing shift. Later results will show gross margin trends.

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