Australia's Baby Bunting Group jumps after reaffirming FY guidance

** Shares of Baby Bunting Group Ltd BBN.AX rise as much as 11.8% to A$1.14, their biggest intraday gain since August 14

** Stock set to snap a 4-session long rally of losses, if current trend holds

** Baby goods retailer reports 2.2% growth in underlying comparable store sales YTD as at October 4

** BBN reaffirms its annual guidance, expecting pro forma NPAT to be between A$19 million and A$21 million ($13.21 million and $14.61 million)

** Citi says growth slowed from 4.3% in the first six weeks, but by less than feared over the 14-week period; Visible Alpha consensus sees 1H27 growth of 1.4%

** Citi reiterates "Buy" rating and target price of A$3.18/shr

** Of note, the Board acknowledged that the share price has yet to reflect operational progress delivered by the business, a comment we believe highlights the disconnect between fundamentals and valuation - Citi

** YTD, stock down 57%, including the day's move

($1 = 1.4378 Australian dollars)