Baby Bunting Group Limited Announces Sales Results for the First Six Weeks of Fourth Quarter and Year to Date of 2018; Provides Earnings Guidance for the Year 2018
Year to date total sales have grown 9.6% with transactional growth of 13.1%. Comparable store sales are flat year-on-year, with comparable store transaction growth of 2.7% year to date.
The company provided earnings guidance for the year 2018. For the year, the company expects EBITDA (excluding employee equity incentive expenses) to be in the range of $18 to $20 million, assuming no further material changes to market conditions.