Baby Bunting reports strong profit result

Company News

by David Chau

One-stop-baby shop, the Baby Bunting Group Ltd (ASX:BBN), has announced positive results for the 2016 financial year.

Baby Bunting says its statutory net profit was up 38% to $8.3 million, compared to last year.

The  retailer has declared a fully franked final dividend of 6.3 cents per share.

Baby Bunting says the 2016 financial year was a significant one, as the company listed on the ASX in October 2015, opened five new stores and rolled out new initiatives to improve the customer experience both in-store and online.

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