Baby Bunting has announced its profit rose 15% in the financial year 2022.
The company said it?s working to expand its market to a $3.5 billion market, targeting that beyond birth-to-three-years-old in certain categories and growing online.
?Our brand has gone from strength to strength and is now the most recognisable brand in this category, and this is converting into stronger brand preference and engagement. As we expand our network of stores and our range and services, we expect our growth to continue,? said CEO Matt Spencer.
BBN shares slipped 3.6% in morning trade.