Reece (REH) Q1 2027 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2027 TU earnings summary
29 Oct, 2026Executive summary
Q1 FY27 sales grew, with strong ANZ momentum contrasting with continued softness in the US.
Strong H1 expected in ANZ; challenging US conditions and macroeconomic complexity temper the FY27 outlook.
Financial highlights
Q1 FY27 sales revenue was A$2,510m, up 4.3% YoY reported and 8.7% on a constant-currency basis.
Outlook and guidance
Strong first half expected in ANZ, with a continuation of challenging conditions in the US.
Cautious on FY27 H2 given the complexity of the macroeconomic environment.
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