Australia's Baby Bunting Group gains on sales growth, reaffirms guidance

By Reuters News

** Shares of Baby Bunting Group Ltd BBN.AX rise as much as 9.8% to A$1.12, their biggest intraday pct gain since August 14
** Stock set to snap a 4-session long rally of losses, if current trend holds

** Baby goods retailer reports growth of 2.2% in underlying comparable store sales year-to-date as at October 4

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

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


($1 = 1.4378 Australian dollars)

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