BUZZ-Australia's Breville at 3-month low on potential tariff impact post Trump win

Reuters11-07

** Breville Group BRG.AX falls as much as 5.4% to A$30.42, its lowest since Aug. 20

** Home appliances maker says it will aggressively build an U.S. inventory as Donald Trump's win solidifies risk of higher tariffs on Chinese imports

** Accelerates plan to move production out of China on a product-by-product basis

** RBC Capital says, "Increased inventory build will be a negative insofar as it would increase BRG's working capital intensity. However, its demonstrated ability to manage through elevated COVID inventory levels... should give investors some comfort this time around"

** Shares log biggest intraday pct loss since Sept. 16

** More than 357,178 shares traded vs 30-day avg of ~258,216

** BRG up 11.72% YTD

(Reporting by Roushni Nair in Bengaluru)

((Roushni.Nair@thomsonreuters.com;))

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However, its demonstrated ability to manage through elevated COVID inventory levels... should give investors some comfort this time around\"** Shares log biggest intraday pct loss since Sept. 16** More than 357,178 shares traded vs 30-day avg of ~258,216** BRG up 11.72% YTD (Reporting by Roushni Nair in Bengaluru) ((Roushni.Nair@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481018996"}