FY26 Results Presentation

• Record sales of $556.0m with comparable store sales growth of 3.5%
• Gross margin at 41.2%, up 100 basis points
• EBITDA margin expanded by 140 basis points to 8.1%
• Pro Forma NPAT grew 33.9% to $16.1m
• Strong cash conversion ratio of 96.4%

Baby Bunting Group Ltd announced its FY26 results, highlighting record sales of $556.0 million, up 6.5% compared to the previous year, driven by comparable store sales growth of 3.5%. The company achieved a gross margin of 41.2%, up 100 basis points year-on-year, and an EBITDA margin of 8.1%, expanded by 140 basis points. Pro Forma Net Profit After Tax (NPAT) grew by 33.9% to $16.1 million. The company also noted a strong cash conversion ratio of 96.4% and a net debt balance of $16.2 million with ample banking covenant headroom.

FY26 sales $556.0m, gross margin 41.2%, EBITDA margin 8.1%, Pro Forma NPAT $16.1m

Baby Bunting plans to expand its gross margin beyond 43%, build differentiated ranges, and extend category leadership to achieve a +10% EBITDA margin business.