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21 Nov 2017 (TheAge,SMH) – Baby Bunting investors throw tantrum over downgrade

(21 November 2017, The Age, Business, p22, Patrick Hatch)

Baby Bunting (BBN) - From IPO (Oct 2015) to Nov 2017. Copyright Nov 2017, Robert (Brainy) Brain

Baby Bunting (BBN) – From IPO (Oct 2015) to Nov 2017. Copyright Nov 2017, Robert (Brainy) Brain

‘Investors in the baby goods retailer Baby Bunting (ASX:BBN*) have thrown a tantrum and pushed the stock below its listing price after the company slashed its profit guidance in light of heavy competitor discounting. Baby Bunting on Monday said it expected to report earnings before interest, tax, depreciation and amortisation of about $23 million in 2018, which would be in line with its performance last year.’

Read more at SMH.com.au

* – BBN listed in October 2015.

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