Baby Bunting's Annual Guidance Might Be Conservative -- Market Talk

Dow Jones

01/15

0206 GMT - Baby Bunting's second-quarter performance leaves Citi analyst Sam Teeger wondering whether the baby-goods retailer is conservative with its annual sales guidance. Teeger suggests that the Australian company might be cautious given factors including the Australian dollar's weakness and a soft consumer backdrop. He nonetheless points out in a note to clients that company guidance assumes like-for-like sales growth over the full fiscal year of no more than 3%, compared with on-year growth of 4.5% in the second quarter. Citi has a neutral rating and a A$1.98 target price on the stock, which is up 12% at A$1.765. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

January 14, 2025 21:06 ET (02:06 GMT)

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(stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2025 21:06 ET (02:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BBN.AU","symbol_name":"BABY BUNTING GROUP LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503653532","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503653532","pubTimestamp":1736906760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0206 GMT - Baby Bunting's second-quarter performance leaves Citi analyst Sam Teeger wondering whether the baby-goods retailer is conservative with its annual sales guidance. 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