ReutersReuters

Australia's Baby Bunting Group jumps on positive trading update and outlook

RefinitivLess than 1 min read

** Shares of Baby Bunting Group BBBN rise ~8% to A$1.690, their highest level since April 2

** Stock set for its strongest session since January 15 - if current trends hold

** Maternity and baby goods retailer sees comparable store sales growth between 2% and 3% for FY25

** Also increases lower end of FY25 pro forma NPAT guidance and now expects it to be A$10 million to A$12.5 million ($8.03 million)

** Co posts 2H FY25 comparable store sales were up 3.7%, as at April 27

** Stock on track for fourth consecutive session of gains if current trends hold

** About 174,931 shares traded in stock's busiest session since April 22

($1 = 1.5571 Australian dollars)

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