Baby Bunting's Turnaround Deepens Despite Earnings Miss

Dow Jones
06/25

2233 GMT - Baby Bunting fell short of its FY26 earnings goal, but it delivered a solid outcome nonetheless, Ord Minnett says. Baby Bunting expects an annual profit of A$16 million-A$17 million, with 2H earnings up as much as 64%. Gross margins are expected to be above 41%, underpinned by strong growth from its store refurbishment program. Analyst James Casey says Baby Bunting's performance held up well given retail headwinds that include three consecutive interest-rate hikes and consumer confidence at record lows. Ord Minnett lowers FY26-28 estimates by 5% to 9%. "Following recent share price weakness, we upgrade our recommendation to Buy (from Accumulate) with a price target of A$2.30," it says. Baby Bunting ended Wednesday at A$1.47. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

June 24, 2026 18:33 ET (22:33 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10