Reece Ltd
REH: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| LOCK|.p$ | LOCK|v^% | LOCK|x< |
Reece: Lowering Our Near-Term Earnings on Weaker Sales Outlook
Economic uncertainty around US tariffs is adding to the challenging outlook management pointed out in the first-half fiscal 2025 earnings result. Reece noted demand for plumbing products is being negatively affected by higher mortgage rates and affordability issues.
