tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Baby Bunting Reports Steady Growth and Expands ‘Store of the Future’ Initiative

Story Highlights
Baby Bunting Reports Steady Growth and Expands ‘Store of the Future’ Initiative

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Baby Bunting Group Ltd. ( (AU:BBN) ) has issued an announcement.

Baby Bunting Group Ltd. has reported a year-to-date total sales growth of 3.5% and comparable store sales growth of 2.2%, with New Zealand stores showing a 13% growth. The company is expanding its ‘Store of the Future’ initiative, planning several refurbishments and new store openings, including large format and small pilot stores. The FY26 earnings guidance remains unchanged, with expectations of a 4%-6% growth in comparable store sales and a gross margin of 41%. The company anticipates some sales pattern disruptions due to refurbishments but remains optimistic about post-refurbishment sales growth.

The most recent analyst rating on (AU:BBN) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Baby Bunting Group Ltd. stock, see the AU:BBN Stock Forecast page.

More about Baby Bunting Group Ltd.

Baby Bunting Group Ltd. operates in the retail industry, specializing in baby products and services. The company focuses on providing a wide range of baby-related items, including clothing, furniture, and accessories, with a market presence in Australia and New Zealand.

Average Trading Volume: 294,840

Technical Sentiment Signal: Buy

Current Market Cap: A$431.7M

Find detailed analytics on BBN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1