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BRIEF-Baby Bunting Group Declares Final Dividend Of 6.4 Cents Per Share

Published 14/08/2020, 11:47 am
© Reuters.

Aug 14 (Reuters) - Baby Bunting Group Ltd BBN.AX :

* COMPARABLE STORE SALES GROWTH FOR FIRST 6 WEEKS OF 1H FY21 OF 20.0%

* FULLY FRANKED FINAL DIVIDEND OF 6.4 CENTS PER SHARE

* FY TOTAL SALES OF $405.2 MILLION, UP 11.8% ON PRIOR CORRESPONDING 52-WEEK PERIOD

* NO GUIDANCE ABOUT FY21 EARNINGS CAN BE GIVEN AT THIS TIME

* FY COMPARABLE STORE SALES GROWTH OF 4.9%

* NOW LOOKING TO CONTINUE TO GROW ITS NETWORK OF STORES TO OVER 100 STORES

* ANTICIPATE OPENING 4 TO 6 NEW STORES IN FY21, WITH 3 NEW STORES IN 1H FY21

* THERE HAS BEEN SOME SALES MODERATION IN MELBOURNE

* MELBOURNE STORES REMAIN OPEN UNDER VICTORIAN STAGE 4 RESTRICTIONS

* FY NET PROFIT ATTRIBUTABLE $10 MILLION VERSUS $11.6 MILLION

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