Baby Bunting Group Ltd (ASX: BBN) will be watched closely by investors today after the baby products company reported its financial results for the year ended 30 June 2018.

Baby Bunting Group is the leading baby product retailer in Australia with almost 50 stores across the country.

Here are some of the highlights from Baby Bunting Group’s report:

  • Revenue up 9% to $303.1 million
  • Same-store sales (SSS) growth was flat year over year
  • Gross profit was up 5.9%
  • Underlying EBITDA down 18.9% to $18.6 million (click here to learn what EBITDA means)
  • Net profit down 29.1% to $8.7 million
  • Annual dividends per share down 26% to 5.3 cents

According to Bloomberg, analysts were expecting Baby Bunting Group to report a profit of $9.9 million. A dividend of 5.6 cents was also expected.

Baby Bunting’s ‘underlying’ net profit, which excludes employee share incentive expenses, was $9.6 million, so the retailer appears to have missed analyst guidance.