Dunelm sales grow 26.3 per cent in a year to £1.3bn September 8, 2021 The UK’s leading homeware retailer, Dunelm, has seen sales of £1.3bn for the 2021 financial year, up from £1.0bn in FY20. In the year ending June 26 2021, profit before tax soared by 44.6 per cent, jumping from £109m to £158m. Shareholders were treated to a bumper payout after going without in FY20. Diluted earnings [...]
Former Post Office boss quits Morrisons and Dunelm boards April 26, 2021 Former Post Office boss Paula Vennells has this morning stepped down from her roles on the boards of Morrisons and Dunelm after one of the biggest miscarriages of justice in recent history. In statements issued by the two firms, they confirmed she would step down with immediate effect. Andrew Higginson, Morrisons chairman, said: “Paula has [...]
Dunelm sales better than expected thanks to lockdown living space upgrades May 19, 2021 Homeware’s retailer Dunelm enjoyed a better-than-expected sales lift over the tail end of the UK’s third national lockdown, the group said today, despite only being able to trade for five weeks after the 12 April easing of restrictions. Customers were able to flock to stores in mid-April after a winter lockdown, despite the reduced trading [...]
Dunelm sales grow 26.3 per cent in a year to £1.3bn – CityAM : CityAM September 8, 2021 The UK’s leading homeware retailer, Dunelm, has seen sales of £1.3bn for the 2021 financial year, up from £1.0bn in FY20. In the year ending June 26 2021, profit before tax soared by 44.6 per cent, jumping from £109m to £158m. Shareholders were treated to a bumper payout after going without in FY20. Diluted earnings [...]
Dunelm to beat profit expectations as online sales more than treble April 8, 2021 Dunelm is expecting to beat profit forecasts for the year after digital sales more than trebled during the pandemic. The furniture and interiors retailer said this morning that profit before tax will be “modestly ahead” of the top of the range of analyst expectations. Analysts have predicted that profit will reach between £120m and £125m. [...]
Dunelm reinstates dividend as pandemic continues to drive homeware sales February 10, 2021 Dunelm this morning announced it will reinstate its dividend as sales boomed – despite store closures in lockdown – due strong consumer demand for homewares. Total sales soared 23 per cent from £585m to £719.4m in the first half of the year and profit before tax was up 34.4 per cent from £83.6m to £112.4m. [...]
Dunelm sales jump as lockdown fuels interest in homewares January 14, 2021 Dunelm recorded a jump in sales in the weeks leading up to Christmas despite the closure of its stores, as lockdown measures continued to fuel an interest in home improvements and interior decorating. The retailer said total sales were up 11.8 per cent in the 13 weeks to 26 December, driven by “buoyant” consumer demand [...]
Retail shares may rise as profit upgrades boost investor confidence August 21, 2023 Retail shares could shoot up over the coming months despite recessionary headwinds, reports from City analysts suggest. Analysts at Peel Hunt said the market was “undervalued,” following a season of profit downgrades issued by major UK retailers that sent investor conference sinking. Many retailers were hit hard by red-hot inflation which led consumers to be [...]
Shakespeare: Dunelm brand sees a boost as Brits improve their homes during lockdown March 3, 2021 Shakespeare: Dunelm brand sees a boost as Britons improve their homes during lockdown
Dunelm to repay furlough cash after sharp rise in sales October 15, 2020 Dunelm has announced it will repay furlough money to the government following a sharp rise in sales as consumers have increased spending on homewares during lockdown. The company said total sales jumped 36.7 per cent to £359.1m in the 13 weeks to 26 September as it continued to gain market share in the “buoyant” homewares [...]