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Bubs quarterly sales improve but warns on outlook

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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June In Review: FY21 Closes With Eleventh Monthly Gain

10:27 AM
Gains for the technology sector spurred a 2.3% rise for the ASX200 in June, the eleventh month of gains for a financial year that returned 27.8%.
-The ASX200 climbed 2.3% during June and the FY21 total return was 27.8%
-In June Technology was the best sector while Financials dragged
-Over FY21 Consumer Discretionary was strongest as Value outpaced Growth
-The average return for the major banks was 52% in FY21
-FY21 commodity prices jumped on average 55%
-Stock and sector picks for the new financial year
By Mark Woodruff
Australian stocks rose 2.3% in June, lifting the ASX200 total return in FY21 to 27.8%, the strongest increase since the 28.7% return in 2006. ....

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Asian Markets Show Mixed Trend

CANBERA (dpa-AFX) - Asian stock markets are trading mixed on Friday, following the mixed cues overnight from Wall Street, with support from technology stocks which mirroring their peers on the ....

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A2 Milk, Synlait lift NZX 50 as optimism returns to infant formula market

A2 Milk, Synlait lift NZX 50 as optimism returns to infant formula market
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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Bubs Australia Archives - Just Food

Bubs Australia Archives - Just Food
just-food.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from just-food.com Daily Mail and Mail on Sunday newspapers.

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