ASX BBN: Baby Bunting dumped to five-year low as profits slump
Shares in the retailer fell more than 16 per cent after it cut guidance following poor performance of a key promotional sale in May.
Source: afr.com
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Retail appointments of the week
Aje's new chief of product; Baby Bunting nabs ex-Accent Group; Nike remixes leadership team; and more.
Source: insideretail.asia
ASX LIVE: ASX to rise; no deal on US debt ceiling; Qantas forecasts $2.5b profit
Shares climb as Biden and McCarthy agree default is off the table; Qantas forecasts $2.5b profit; 29Metals updates production guidance for its Capricorn mine; Baby Bunting appoints Afterpay’s Mark Teperson as CEO; Perpetual’s David Lane to leave.
Source: afr.com
S7P/ASX200: WiseTech, Afterpay-owner Block jump as tech rally lifts shares
Tech shares extended a rally on Tuesday as investors cheered Technology One’s results, but were also worried that Qantas may face more competition in the future.
Source: afr.com