Baby Bunting bounces into upgrade

Wilson Asset Management

Wilson Asset Management

Today infant goods retailer Baby Bunting (ASX: BBN) announced its FY2016 first half results with the company increasing its sales and earnings guidance for 2016. The company upgraded its full year sales forecast from $218 million to a range of $225 million to $235 million. CEO Matt Spencer said in addition to the strong financial performance the business continued to invest in several initiatives to support the company’s future growth. Baby Bunting shares closed flat for the week. We own Baby Bunting in the investment portfolio.


1 stock mentioned

Wilson Asset Management
Wilson Asset Management

Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment
Elf Footer