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 [...]
Dunelm reports post-lockdown sales boom on pent-up demand September 1, 2020 Dunelm today said its sales jumped in July and August as pent-up demand helped boost revenue following the coronavirus lockdown. The furnishings retailer reported year-on-year sales growth of 59 per cent in July and 24 per cent in August. The Leicestershire-based firm said the rise was due to pent-up demand following store closures, as well [...]
Dunelm posts higher profits as like-for-like sales rise February 12, 2020 Profit jumped at furnishings firm Dunelm in the first half of its latest financial year, it said today, as like-for-like sales also improved. The figures Profit before tax leapt 19.4 per cent year on year to £83.6m as revenue rose six per cent to £585m. Like-for-like sales climbed 5.6 per cent. However, free cash flow [...]
Dunelm boosts sales despite shunning Black Friday January 9, 2020 Homeware brand Dunelm reported a jump in sales in the run-up to Christmas despite deciding not to take part in Black Friday discounting. Like-for-like sales increased five per cent in the second quarter while total growth, including the benefit of new stores, was 6.2 per cent following the launch of its new digital platform. Read [...]
Dunelm share price surges on strong sales and new website December 5, 2019 Dunelm shares rocketed in early trading today after it predicted higher full year profits thanks in part to a good customer response to a crucial new website. The furnishings retailer said it maintained strong sales growth online and in stores during a “critical” transition to a new website platform that it hopes will improve its [...]
Dunelm shares slump despite revenue growth October 10, 2019 Shares in Dunelm dropped more than eight per cent this morning despite reporting growth in the first quarter, following a string of positive trading updates this year. Total like for like revenue grew 6.4 per cent to £255.6m, with a 34.7 per cent increase in online sales. In-store revenue was up 2.9 per cent to [...]
Dunelm shares slide despite strong profit growth September 4, 2019 Shares in Dunelm slumped this morning despite strong profit growth as the homeware retailer warned of a challenging year ahead. Dunelm shares were down as much as nine per cent after it reported cautious outlook for the year ahead as Brexit uncertainty weakens consumer confidence. The figures Profit before tax was up 23.4 per cent [...]
Dunelm shares: Upgrade cycle not over June 25, 2019 By Graeme Evans from interactive investor Up 70% already in 2019, this quality operator is well-fancied and tipped to keep outperforming. Dunelm (LSE:DNLM) continues to defy expectations after another profits upgrade extended the home furnishing chain’s remarkable share price rally for 2019 to a whopping 81%. One of the stand-out performers in the FTSE 250 index so far this [...]
Tesco and Dunelm defy retail gloom April 16, 2019 By Graeme Evans from interactive investor. Impressive updates from Tesco and Dunelm show opportunities still exist in the embattled retail sector. A big hike in the Tesco (LSE:TSCO) dividend and an “incredible” trading update from Dunelm Group (LSE:DNLM) today combined to remind Brexit-weary investors there is life in the retail sector after all. The near-doubling [...]
Best 25 stocks in the last tax year April 15, 2019 By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]