Cost-of-living crunch hits spending on baby goods
Baby Bunting, Australia's largest baby goods retailer, reported weaker-than-expected sales, adjusting its second-half profit forecast to $11 million to $12 million. Chief executive Mark Teperson attributed the decline to increased cash rates and fuel prices impacting consumer spending. Shares fell 11.4 percent to $1.46 amid concerns over soft sales in key categories.
Summary by OZbrief Editorial · The West Australian · Source
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Published 24 Jun 2026, 03:09 UTC · Updated 24 Jun 2026, 03:20 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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