2026 AGM addresses, proxy summary and trading update

• FY26 underlying comparable store sales growth +3.5%
• 17 refurbished stores with 20% cumulative sales growth
• FY27 guidance reaffirmed with NPAT expected $19.0m to $21.0m

Baby Bunting Group Ltd held its 2026 Annual General Meeting and provided a trading update. The company reported record sales of $556 million, up 6.5%, and a gross margin of 41.2%. The company completed 17 store refurbishments, achieving an average sales growth of 20%. FY27 guidance was reaffirmed with pro forma NPAT expected to be in the range of $19.0m to $21.0m, assuming total sales of $585m to $600m, comparable store sales growth of 3% to 5%, gross margin of 42%, and capital expenditure of $33m to $37m. The company also announced changes to its board and executive team, including the retirement of Gary Levin and the appointment of Richard Vincent.

FY27 pro forma NPAT expected $19.0m to $21.0m, total sales $585m to $600m

The outlook assumes no significant changes in economic and retail trading conditions, and no significant increases in sea and land freight expenses.