Bubs Australia reaps benefits of US growth strategy
Bubs Australia (ASX:BUB), a maker of goat milk infant formula, organic infant food and toddler snacks, has demonstrated remarkable revenue growth on the back of a resilient US consumer.
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Reg Weine - CEO & Managing Director - Bubs Australia (ASX:BUB) is on a mission to nourish new generations of happy bubs, with clean label nutritional products that provide the foundation for setting up a lifetime of good eating habits.
WATCH VIDEOBubs Australia (ASX:BUB), a maker of goat milk infant formula, organic infant food and toddler snacks, has demonstrated remarkable revenue growth on the back of a resilient US consumer.
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Reg Weine - CEO & Managing Director - Bubs Australia (ASX:BUB) is on a mission to nourish new generations of happy bubs, with clean label nutritional products that provide the foundation for setting up a lifetime of good eating habits.
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Bubs Australia (ASX:BUB), a leading infant formula and baby food company, has announced the commencement of a nationwide clinical trial in the United States.
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06 Jul 2023 - Bubs Australia (ASX:BUB) has released the findings of its Strategic Review conducted over the past two months.
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Tuesday's ASX session saw news from infant formula manufacturer Bubs Australia that led to a big selloff, as well as word of an acquisition by travel group Flight Centre.
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Citi retains its Sell rating and lowers its target price to $0.33 from $0.35.
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Citi retains its Sell rating on Bubs Australia with a target of $0.51. The broker remains concerned about the structural pressures Australian infant formula market brands are facing.
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