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Baby Bunting Group Ltd. ( (AU:BBN) ) has shared an announcement.
Baby Bunting Group Ltd. has reported a significant increase in its first-half pro forma NPAT by 37% to $4.8 million compared to the previous year. The company achieved a gross profit margin of 39.8% and saw a rise in comparable store sales growth, especially in the second quarter. The successful execution of marketing campaigns and strategic pricing has contributed to this growth. Baby Bunting remains confident in its strategic roadmap and maintains its earnings guidance for FY25, expecting pro forma NPAT to be between $9.5 million and $12.5 million.
More about Baby Bunting Group Ltd.
Baby Bunting Group Ltd. operates in the retail industry, specializing in baby products. The company focuses on growing its market share, enhancing EBITDA, and increasing its return on capital through strategic initiatives like store refurbishments and exclusive product offerings.
YTD Price Performance: -6.85%
Average Trading Volume: 141,335
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$213.2M
See more data about BBN stock on TipRanks’ Stock Analysis page.
