Dunelm upgrades profit expectations for 2022; declares special dividend
Sales in the current financial year have been going well
Company
Dunelm Group PLC
LON:DNLM
Dunelm Group PLC is a specialist out-of-town homewares retailer providing a range of products to a customer base, under the brand name Dunelm Mill.
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FTSE 100 closes 0.75% down as growth fears continue to spook traders
Britain's blue-chip benchmark closed down over 53 points, or 0.75%, at 7,095, below the high of 7,140 and off the low of 7,061
Dunelm shares slide despite full-year profit guidance hike
The retailer said it would increase investment levels in the current fiscal year. Investors will have to wait until September to find out full details of the investment plan
Dunelm upgrades profit expectations as sales soar after stores reopening
The retailer has benefited from pent-up demand following a long lockdown, a buoyant homewares market and the unseasonably cold spring weather
Former Post Office boss quits boards of Dunelm, Morrisons after legal ruling
Paula Vennells stepped down after the Court of Appeal overturned criminal convictions for Post Office workers accused of theft because of a faulty IT system
Dunelm sees profits a touch higher than consensus and expects post-lockdown pent-up demand
All 13 stores in Scotland opened earlier this week while the 156 sites in England and Wales will resume trading next Monday
Dunelm deputy chairman cashes in £192mln after trimming stake
Will Adderley is the son of founders Bill and Jean Adderley
Dunelm resumes dividends as sales rise 23% on last year
The retailer posted a strong interim performance but has been hit by the current restrictions
Dunelm worries market with losses forecast but analysts remain bullish
The homeware retailer expects to make small weekly losses if stores aren't allowed to reopen
Dunelm takes home strong festive sales but visibility remains low
Half-year profits are expected to surge compared to last year but it is not clear when shops will be able to reopen
Dunelm surprised by new lockdown rules on homewares retailers
Unlike the first lockdown, Dunelm is forced to close stores for a month
Dunelm boasts better than expected trading in first quarter
Current trading remains very robust but the retailer did not provide guidance
Dunelm skips final dividend but eyes interim distribution
The retailer looks to save cash ahead of winter as the outlook remains uncertain despite posting strong summer sales
Dunelm posts higher August sales albeit well below July highs
The increase was helped by pent-up demand following the coronavirus pandemic store closure period and by the timing of its summer sale
Dunelm spending £150,000 per week to operate within social distancing rules
The furniture retailer remains cautious given the ongoing uncertainty around the pandemic
Next and Dunelm cut to ‘sell’ as Citi warns retailer rebound underestimates demand slump
The bank said near-term positives such as reopenings and potential VAT cuts were masking a slower consumer recovery as households tightened their belts
Dunelm downgraded to ‘sector perform’ by RBC over weaker consumer confidence post pandemic
Analysts raised the price target to 950p from 900p after shares rallied recently following the reopening of online operations
Dunelm posts “significantly higher” order levels after reopening online shop
The website is now active after ensuring safety measures for workers
Dunelm cancels dividend and shuts shops after UK goes into full lockdown
The homeware retailer also withdrew its financial guidance for the current year and beyond
John Lewis can learn a lesson from Dunelm, analysts say
The partnership could see upside in its lower-priced homeware brand, ‘House’, which has been doing well