Baby Bunting reaffirms FY17 guidance

Baby Bunting still expects full-year underlying earnings to be in the $21.5-$24.5 million range, despite a moderation in comparable stores sales growth.

Infant goods retailer Baby Bunting has reaffirmed its full-year guidance but warns that growth of its key comparable store sales will ease.

Chief executive Matt Spencer says comparable sales have risen 10 per cent in the 12 months to November 13, however he expects that will moderate to mid-single digit growth as it cycles off a strong 2015/16.

Mr Spencer, who will address the group's shareholders at Monday's annual general meeting, says earnings before interest, taxes, depreciation and amortisation is still expected to be in the range of $21.5 million to $24.5 million for 2016/17.