Baby Bunting (ASX:BBN) has reported its statutory net profit after tax (NPAT) attributable to shareholders rose 47 per cent to $12.2 million for the financial year ending 25 June 2017.
The baby retailer says 2017 was a stellar year thanks to its increased footprint, with 6 new stores expanding its network, which also increased its sales.
The firm announced its revenue from ordinary activities rose 17.4 per cent on the year to $278 million for the full year.
Baby Bunting’s EBIT advanced by 40.6 per cent, to $22.1 million.
The company also declared a final 2017 dividend of 4.3 cent per share, fully franked, payable on 15 September 2017.
Shares in Baby Bunting (ASX:BBN) last traded 0.51 per cent lower to $1.95.