Dunelm: Savvy shoppers cash in on later winter sales as online purchasing booms DUNELM Dunelm shoppers looking to bag a bargain were boosted by a delayed winter sale, with online purchases seeing another post-pandemic bump. The London-listed retailer reported sales of £432m up from £399m in the same period compared to last year. Dunelm attributed the moving of its Winter sale into the third quarter – compared to the [...]
Dunelm’s profits dip as end of home improvement boom and high inflation eats into margins Home improvement Homewares retailer Dunelm today said its profits have dipped since the pandemic due to soaring inflation and the end of the Covid house improvement boom. The Leicestershire firm said higher prices and slower sales had caused its pre-tax profits to drop by 16.6 per cent to £117.4m. Dunelm’s results come as the amount of [...]
Dunelm sales rise as shoppers buy heaters and thick duvets DUNELM Homeware and furnishings retailer Dunelm has revealed a jump in sales for the past quarter as shoppers bought heaters and thick duvets to offset the rocketing cost of heating their homes. The Leicestershire-based retailer said annual profits are set to beat market expectations following a strong Christmas period. Total sales increased by 18 per cent [...]
Dunelm sales slip as pent up demand eases against ‘demanding backdrop’ October 20, 2022 Dunelm posted dented sales after last year saw a flurry of pent up demand post-lockdown. In first quarter results, the homeware retailer said its sales were down eight per cent compared to the same period last year. Bosses said the performance came despite “a challenging environment”, posting sales of £357m. A dip in sales had [...]
Dunelm continues with strong sales growth despite economic headwinds September 14, 2022 Homewares retailer Dunelm posted strong sales growth this morning, despite ongoing macroeconomic concerns. In its full year results, the firm posted sales growth of 16.2 per cent, with total sales 41 per cent higher than 2019 levels. Sales hit £1.5bn, with profit before tax at £209m. Active customers grew by 8.5 per cent over the year, [...]
High street moves: Whitbread boss Alison Brittain set to join Dunelm board July 21, 2022 Whitbread’s outgoing boss Alison Brittain is set to take on a non-executive director role at homeware brand Dunelm. Brittain will join the Dunelm board in early September, with it expected that she will succeed Andy Harrison as chair in September 2023. Brittain announced she was departing from the Premier Inn owner and FTSE-100 business earlier [...]
Dunelm warns of ‘significant headwinds’ but maintains profit guidance April 14, 2022 Dunelm’s boss warned of increasing financial pressures on shoppers but said the company’s variety of products would help it continue to grow. In an update on the London Stock Exchange, the homeware retailer said it hit £399m in total sales in its third quarter. This was up 69 per cent on the year prior, when [...]
Dunelm reports record profits as macroeconomic troubles leave group unscathed February 9, 2022 Home furnishing giant Dunelm reported today record profits, as it managed to emerge unscathed from the impact of Omicron, supply chain issues and inflationary surges. In the six months ended 25 December, Dunelm announced a £140.8m profits before tax, 25.3 per cent up on last year’s £112.4m. The group’s gross margin went up 80 basis [...]
Dunelm boss pay quadruples despite refusal to repay business rates holiday savings October 14, 2021 Even though homewares chain Dunelm continuing to insist it should not repay savings made from the business rates holiday, the company revealed today its boss’ pay package has more than quadrupled to over £4m. The retailer has repeatedly claimed it was right to enjoy the £22m in tax savings, as its stores were forced to [...]
Dunelm notches up sales growth on top of last year’s lockdown boost October 14, 2021 Homewares chain Dunelm has said it notched up sales growth in its first quarter on top of last year’s post-lockdown boost, but flagged ongoing challenges with supply chain issues. The group reported an 8.3 per cent increase in sales in the 13 weeks to September 25 compared to the same period a year ago, when [...]