Earnings release
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12 February 2021 FY21 half year results release DELIVERING AUSTRALIAN MARKET SHARE GROWTH . PLAN FOR NEW ZEALAND EXPANSION ANNOUNCED . Total sales of $ 217.3 million , up 16.6 % on the prior corresponding 26 - week period ( pcp ) Comparable store sales ' growth of 15.0 % ( 21.8 % excluding Victorian stores ) Total online sales growth of 95.9 % , with click & collect sales growth of 218 % Gross margin up 41 basis points to 37.4 % Pro forma² EBITDA of $ 18.5 million , up 29.7 % pcp Baby Bunting's CEO & Managing Director , Matt Spencer said : " Maternity and baby goods are essential products for parents and parents - to - be and are less discretionary in nature . Our strong comparable store and total sales growth performance demonstrates that we continue to deliver on our strategy of growing market share . The Baby Bunting Team has done tremendously well servicing new and expectant parents in what can only be described as an unusual and difficult time . 1 Pro forma NPAT of $ 10.8 million , up 43.5 % . Statutory NPAT up 54.7 % to $ 7.5 million Fully franked interim dividend of 5.8 cents per share ( 1H FY20 : 4.1 cents ) Baby Bunting did NOT seek , or receive , any JobKeeper support Comparable store sales growth for the first 6 weeks of 2H FY21 was strong at 18.5 % , bringing year - to - date growth to 15.7 % " Sales in all channels were up . Our online sales growth in the half was very pleasing , with total online sales ( including click & collect ) up 95.9 % . Significantly , we still have over 90 % of sales occurring or being completed in our stores highlighting the importance of our store network across Australia . And we continue to progress our store network expansion in Australia with three stores opened in the half and more planned for the period ahead . 2 " Following a successful launch of online sales into New Zealand , I'm very excited to announce our plans to establish a multi - channel retail proposition in New Zealand with our first store anticipated to be opened in FY22 . BB BabyBunting " All up , we have seen some great results and it continues to be a very exciting time for Baby Bunting . " Baby Bunting Group Limited ABN 58 128 533 693 Total sales generated from stores ( including the online store ) open at the start of the prior financial year . Pro forma financial results have been calculated to exclude certain items . These are set out in the Investor Presentation and the Directors ' Report released to ASX on 12 February 2021 . 955 Taylors Road Dandenong South VIC 3175 P 03 8795 8100 F 03 8795 8105 enquiries@babybunting.com.au babybunting.com.au