Baby Bunting reaffirms FY27 profit of up to $21M

• Baby Bunting reaffirmed its full-year pro forma net profit after tax target of $19 million to $21 million following early sales growth in FY27.
• Total underlying comparable store sales grew 2.2%, bolstered by an 8.7% surge in New Zealand operations.
• Management is driving store refurbishments and expanding its network with three new locations scheduled to open in December.

Baby Bunting (ASX:BBN) has reaffirmed its full-year pro forma net profit after tax guidance of $19–21 million after achieving a 2.2% bump in first-quarter comparable store sales.

The sales lift demonstrates steady operational momentum following the retailer’s record 41.2% gross margin performance in the prior financial year.

The company noted that trading growth was supported by strong demand across key regional markets.

The retailer expects near-term sales growth to moderate as it completes its first-half refurbishment programme across seven temporarily closed stores.

Following the announcement, the Baby Bunting share price was unchanged at $1.08.

The speciality nursery retailer is continuing to modernise its retail estate by upgrading existing outlets into high-performing store formats.

These modernised retail designs have generated an average sales growth of 20% during their initial year of operation after reopening.