Baby Bunting Group Ltd. · ASX:BBN
Baby Bunting — Shareholder Meeting (October 2023)
16 slides from Baby Bunting's shareholder meeting presentation, Oct 10, 2023
Slide 1: ASX Announcement - AGM Presentation
10 October 2023 ASX Market Announcements Office Australian Securities Exchange Baby Bunting Group Limited (ASX: BBN) AGM presentation Attached is a copy of the presentation to be delivered at the Company’s 2023 Annual General Meeting today. The release of this announcement was authorised by the Boar
Slide 2: FY23 Annual General Meeting
FY23 Annual General Meeting 10 October 2023 Melanie Wilson Chair, Non-Executive Director Mark Teperson Chief Executive Officer 1
Slide 3: Important notice and disclaimer
AGM Presentation 2023 Important notice and disclaimer This document is a presentation of general background information about the activities of Baby Bunting Group Limited (Baby Bunting) current at the date of the presentation (10 October 2023). The information contained in this presentation is for g
Slide 4: Supporting new & expectant parents for over 40 years
Supporting new & expectant parents for over 40 years
Slide 5: Melanie Wilson
AGM Presentation 2023 Melanie Wilson Chair, Non-Executive Director
Slide 6: Growth Strategy – grow market share
AGM Presentation 2023 Growth Strategy – grow market share Building to become the most loved baby retailer for every family 1 Investment in digital to deliver the best possible customer experience across channels and enable new business models 2 Investment to grow market share from our core business
Slide 7: FY23 Pro Forma Financial Summary – 52 weeks
AGM Presentation 2023 FY23 Pro Forma(1) Financial Summary – 52 weeks Sales Group EBITDA(2) Full Year Dividend $515.8m $31.2m down 38.2% vs pcp 7.5cps Total sales growth 1.7% 6.0% of sales down 51.9% vs pcp Comparable store sales growth -3.6% Final dividend 4.8 cps Gross Profit % Group NPAT Free Cash
Slide 8: FY23 Operating Summary
AGM Presentation 2023 FY23 Operating Summary 7 new stores opened (plus 1 relocation) – 6 new stores with positive earnings contribution throughout the year Marketplace launched in June ‘23 New Zealand store operations commenced, opened our first store in Auckland (Aug ‘22) and expanded our onl
Slide 9: Sustainability
AGM Presentation 2023 Sustainability Baby Bunting and sustainability Our ESG strategy is based around the following three pillars: • Our People – creating an equitable, inclusive and safe workplace where our team members can thrive. With a focus on being a parent friendly organisation. • Our Communi
Slide 10: Introducing Marketplace on babybunting.com.au
AGM Presentation 2023 Introducing Marketplace on babybunting.com.au The one stop shop for baby goods & growing families in Australia More products, more brands, more suppliers, and more choice • With ~30 million website visitations a year and <10% share of a $1.5 billion online baby goods market, Ba
Slide 11: Trading update
AGM Presentation 2023 Trading update 110+ Continuing to manage variable consumer demand STORE NETWORK As at 8 October 2023, year-to-date sales performance as follows: PLAN (AU) • Total sales down 3.3%, cycling +12.0% pcp • Comparable store sales down 8.5%, cycling +7.6% pcp • Q1 FY24 gross profit %
Slide 12: Mark Teperson
AGM Presentation 2023 Mark Teperson Chief Executive Officer
Slide 13: Appendices
Appendices 12
Slide 14: Appendix 1: Statutory - Pro Forma Income Statement Reconciliation
AGM Presentation 2023 Appendix 1: Statutory - Pro Forma Income Statement Reconciliation FY23 FY22 Statutory Add Pro Forma Statutory Add Pro Forma FY23 Pro Forma Adj (1) FY23 FY22 Pro Forma Adj (1) FY22 $ million Sales 524.3 (8.5) (a) 515.8 507.3 507.3 Cost of sales (328.1) 5.2 (322.8) (311.5) (311.5
Slide 15: Appendix 2: AASB 16 Transition Impact - Pro Forma Income Statement
AGM Presentation 2023 Appendix 2: AASB 16 Transition Impact - Pro Forma Income Statement FY23 FY22 Reversal of AASB Reversal of AASB 16 Pro Forma 16 Depreciation Add Operating Pre-AASB 16 Pro Forma Depreciation and Add Operating Pre-AASB 16 FY23 and Interest Lease Expenses FY23 FY22 Interest Lease E
Slide 16: Glossary
AGM Presentation 2023 Glossary Comparable Store Sales • Calculated as a percentage change of the total sales generated from stores (including Growth the online store) in a relevant period, compared to the total sales from the same set of stores in the prior financial year, provided the stores were o
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