DFS plans emergency fundraising to cushion blow of extended coronavirus lockdown
Even though deliveries have been suspended, the furniture chain said its websites have taken around £7mln worth of orders in the past three weeks
Company
DFS Furniture PLC
LON:DFS
DFS Furniture PLC specialise in sofas, having been making them for over 45 years.
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DFS cancels dividend and closes all operations in UK, Ireland and Spain
After mitigating measures have been put in place, the furniture retailer calculated operating cash outflow will be around £15mln per month from April until stores re-open
DFS Furniture reassures after first-half sales dip
In the six months to 29 December, gross sales were down 6% due to “a challenging consumer environment” and strong comparables
DFS Furniture on track to meet full-year estimates but shares drop on cautious outlook
DFS said weak trading environments make it harder to achieve significant levels of revenue growth
DFS dips as it predicts “particularly challenging” market for 2019
The slightly gloomy outlook overshadowed a strong set of results for the first six months, with pre-tax profits more than doubling to £14.1mln from £6.2mln
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FTSE 100 closes higher as no deal Brexit fears ease
Footsie closed around 26 points higher at 7,185, while FTSE 250 added around 103 points at 19,283
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Thursday's Brexit fallout likely to overshadow Capita and Savills results
Brexit and the latest vote will likely be the main talking point, but there will be financial results too!
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Shifting supermarket landscape the focus with first-half results from Morrison's
Aside from Morrison's, the Week Ahead will also bring updates from housebuilder Berkeley Group, insurer Prudential and fund manager Standard Life Aberdeen
Tesco, Next and Ted Baker among the festive winners as high street survives Christmas - but only just
Below we provide a cut-out-and-keep guide to the major quoted retailers and how the quoted retailers performed
DFS Furniture sees strong growth in underlying sales after latent demand, leaves full-year profit expectations unchanged
In a trading update for the five months to 30 December 2018, the sofas and furniture retailer reported underlying gross sales growth of 10% in spite of a challenging consumer environment
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FTSE 100 closes higher as Wall Street shares mixed; optimism over trade talks fades
The Footsie has been dipping below and above the 6,800 mark throughout the day
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Debenhams set to disappoint again on Thursday
“Debenhams hasn’t updated on trading since 25 October and we know from many of its competitors that November was a terrible month for retailers and December is also likely to have been a struggle”
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Slew of Christmas updates from retailers to dominate after Next's positive seasonal surprise
The Week Ahead will bring trading updates from the likes of M&S and Debenhams on the general retail front and all three of the listed UK supermarket groups – Morrisons, Sainsbury’s, and Tesco
FTSE 100 closes lower as G20 summit begins and trade worries continue; housebuilders fall
The premier index of UK shares finished down nearly 59 points at 6,980. Mid-cap cousin FTSE 250 shed over 128 points at 18,480.
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Week and month end quietly with DFS AGM and smattering of economic data
The financial diary is looking light for the end of November, with a few scraps in the form of Earthport final results and data from the US, UK, and China
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Christmas lights starting to peek out from under spreadsheets as updates slow in last week of November
The Week Ahead will bring a hotch-potch of updates from the likes of blue-chip Intertek Group, and mid caps Thomas Cook, Pennon, Greene King, Go-Ahead Group, and Britvic
DFS Furniture says annual profit dented by UK summer heatwave
The furniture group has also been hit by a slowdown in the housing market and a tough retail market
Investments and investor services
FTSE 100 closes firmly lower as trade fears, bond yields and sterling rise creates perfect storm
The Footsie closed down nearly 92 points at 7,418, while the other major European benchmarks were also lower.
Investments and investor services
DFS Furniture set to release full year results, have investors already heard the worst?
DFS and Electrocomponents are set to be among Thursday's highlights.
Archive
Jack’s store roll-out in focus as Tesco reports first half results
The week ahead includes Tesco interims, full-year earnings from DFS Furniture and Ferguson, an Electrocomponents trading update and the US non-farm payrolls report