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Bubs quarterly sales improve but warns on outlook
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Goat milk baby formula maker Bubs Australia has flagged an inventory provision as it continues to rebalance through the second half with fourth-quarter revenue falling 4 per cent.
Despite the fall, this was a major improvement on the third quarter when sales tumbled 40 per cent lower when compared with the third quarter a year ago when COVID-19 spurred major stocking up of pantry items.
Bubs Australia CEO Kristy Carr flagged an inventory provision.  
James Brickwood
Bubs is the leading producer of goat dairy products in Australia, and also offers Bubs Organic Grass-fed Cow’s Milk formula, along with organic baby food, cereals, toddler snacks, and Vita Bubs children’s vitamins. ....

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