Baby Bunting Group Ltd (ASX:BBN)
A$ 1.415 0.025 (1.8%) Market Cap: 187.52 Mil Enterprise Value: 362.27 Mil PE Ratio: 20.22 PB Ratio: 1.85 GF Score: 72/100
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Full Year 2023 Baby Bunting Group Ltd Earnings Call Transcript

Aug 10, 2023 / 11:15PM GMT
Release Date Price: A$2.13 (+6.77%)
Operator

Thank you for standing by, and welcome to Baby Bunting's FY '23 Results Call. (Operator Instructions) And finally, I would like to advise all participants that this call is being recorded. Thank you.

I'd now like to welcome Darin Hoekman, CFO and Acting CEO, to begin the conference. Darin, over to you.

Darin Hoekman
Baby Bunting Group Limited - CFO & Company Secretary

Good morning, everyone. Thank you for joining us, and welcome to our investor presentation and review of the FY '23 financial year. My name is Darin Hoekman, acting Chief Executive Officer of Baby Bunting.

This year has had some particularly challenging elements to it. We've seen cost of doing business pressures on the rise, consumer behavior normalizing to pre-COVID patterns, and we have seen consumers increasingly impacted by the rising inflation and increases in mortgage rates.

We have responded to these challenges through the year, making adjustments in the face of some gross margin challenges in the first half and then sales volatility in the second.

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