Baby Bunting Group Ltd (ASX:BBN) is a retailer that specialises in baby goods with over 6,000 lines such as prams, cots, car safety equipment, toys, feeding and other accessories. Starting in Melbourne in 1979, the company now has over 50 stores in Australia with plans to grow the store count beyond 80 over the next few years. It currently employs over 700 people.
The Baby Bunting Group Ltd (ASX:BBN) share price is up 11% in response to its FY19 result.
Is the Baby Bunting Group Ltd (ASX:BBN) share price about to come under pressure?
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The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down 0.05% on Thursday.
Baby Bunting Group Ltd (ASX:BBN) has given a trading update at its Annual General Meeting (AGM) to say that sales are up 17%.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.12% at lunch.
Baby Bunting Group Ltd (ASX:BBN) will be watched closely by investors today after the baby products company reported its financial results for the year ended 30 June 2018.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Friday morning.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is set to open higher Tuesday morning, according to data from Sydney Futures Exchange, with UK Bank CYBG Plc (ASX: CYB) in the news.
