ASX:BRGConsumer Durables
Breville Group (ASX:BRG) Shares Reflect Growth Promise And Margin Friction
Breville Group shareholders watched the stock cool over the past week, with the share price down about 3% to A$32.18 even as the company reported record trailing twelve month sales of about A$1.8b. The market focused on a softer net margin of 7.6% and a rich P/E of 34.1x compared with peers. That short term wobble sets up the real question for you: Is this just a pause in a premium consumer appliances growth story, or have margin pressure and a full valuation started to cap the long term...