Baby Bunting’s Strategic Shift Shows Early Promise

Baby Bunting Group Ltd. (AU:BBN) has released an update.

Baby Bunting Group Ltd. reports a challenging FY24 with Statutory NPAT dropping to $1.7 million from $9.9 million in FY23, yet signs of recovery emerge as strategic changes begin to take effect. Sales have somewhat improved in the early FY25, with a 3.5% total sales growth and a notable 180 basis points increase in July’s gross profit margin. The company has not declared a final dividend for FY24, focusing instead on funding its capital expenditure and growth plans.

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