Dunelm continues with strong sales growth despite economic headwinds dunelm 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 FTSE-100 MOVES 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 INFLATION PRESSURE 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 [...]
Robust reopening for Dunelm as firm plans investment July 14, 2021 Homewares retailer Dunelm today reported strong growth as it bounced back from coronavirus retail restrictions, with profits slightly ahead of forecasts. Despite this outlook, shares in the Leicester-based company fell around 3 per cent this morning. Sales more than doubled in the fourth quarter compared with the same period in 2020, when the UK was [...]
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 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. [...]
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