Baby Bunting NZ reduces loss amid tight environment

Wed, 21 Feb 2024

The New Zealand division of Baby Bunting reduced its loss for the 12 months to December 2023 from A$2.3m to A$1.9m. The ASX-listed baby goods retailer has four sites in New Zealand and more than 70 in total. The group reported a 1.1% decline in net profit after tax today from A$2.7m to A$2.6m, off sales down by 2.5% to A$248.5m. The company’s four stores in New Zealand, most of which were opened last year, generated revenue of A$3.9m from $2.3m the year before. Baby Bunting today reiterated its commitme...

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