• FY26 pro forma NPAT grew by 33.9% to $16.1 million
• Total sales rose 6.5% to $556.0 million
• Comparable store sales increased 3.5% in the first three quarters
• Gross margin expanded to above 41% in FY26
• New Zealand comparable store sales grew by 17.0%

Baby Bunting Group Ltd reported strong financial results for the year ended 28 June 2026, with pro forma net profit after tax (NPAT) growing by 33.9% to $16.1 million. Total sales increased by 6.5% to $556.0 million, and comparable store sales grew by 3.5%, driven by the first three quarters. The company expanded its gross margin to above 41%, up from 36.8% in FY24, supported by initiatives such as shifting the sales mix towards higher-margin soft goods and growing exclusive brands. New Zealand continued to perform strongly, with comparable store sales up 17.0%. The store network expansion included 12 refurbishments and four new large format stores, with the refurbished stores delivering an average sales growth of 18% in the first 12 months. The company also made key leadership appointments and extended its working capital facility to $90 million.

FY26 pro forma NPAT $16.1m, Total sales $556.0m, Comparable store sales growth 3.5%

Baby Bunting enters FY27 with a proven strategy, a strengthening store network, and good momentum. The company aims to rebuild as a business earning an EBITDA margin above 10%.