Baby Bunting goes earnings positive in New Zealand

Baby Bunting goes earnings positive in New Zealand
Baby Bunting shares have rocketed to 52-week highs on the ASX. (Image: NZME)
Gregor Thompson
Baby Bunting has achieved positive earnings in New Zealand for the first time in its pursuit of profitability and market share.Australia's largest nursery retailer, which opened its first NZ store in August 2022, filed earnings for the year to June 29 to the Australian Securities Exchange (ASX) on Friday. It reported operating earnings before interest and taxes (ebit) of A$114,000 (NZ$125,000), having made a A$3.7 million earnings loss in 2024.Due to A$689,000 in finance costs, the company's NZ operation made a loss before tax of A...

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