Dunelm to beat profit forecasts as winter sale goes well
Dunelm says it is “well-positioned” in the market thanks to its product range and prices
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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Dunelm comfy on profit expectations as online sales surge
Full-year expectations remain unchanged while profit before tax for the first half will be around £83mln
Dunelm soars toward seven-year high after broker upgrade
Peel Hunt also upgraded its profit forecast by 5% after the homewares group said it expected higher profits and margins from its new website
Dunelm plumps profit expectations as new website delivers higher margins
Gross margins have been stronger than expected due to sourcing gains and better sell through, said Dunelm as it boosted profit guidance for the fifth time this year
UBS upgrades Dunelm to ‘buy’ on the back of future online growth
“Dunelm is on the cusp of delivering a step-change in its multi-channel capabilities positioning it well for future online growth”
RBC deems Dunelm Group “winner” in tough UK market
RBC expects Dunelm to continue to gain share on account of its strong value for money offer and range advantage over other retailers.
Dunelm hit by September uncertainty despite online sales growth
The homeware retailer said the wobble reflected “in part” the weaker market, at its worst since 1995 according to data released by the British Retail Consortium
Dunelm hands out plump special divi as strong trading continues
Analysts and investors had expected a special payout but the timing had not been certain
Dunelm guides to top-of-the-range profits after better fourth quarter
Total revenue for fourth quarter was up 15.4% on a like-for-like basis
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FTSE 100 closes lower as traders mull Fed testimony
The UK's premier share index finished down over five points lower at 7,530,
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Barratt leads busy Wednesday for company news, UK GDP and Fed minutes dominate macro
The mid-week schedule also includes results and updates from a collection of mid-cap firms including SuperDry, Wetherspoons and Dunelm
Investments and investor services
FTSE 100 closes a tad lower as traders are not sure which way to jump
The UK's premier share index finished nearly four points lower at 7,549
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Barratt Developments and Bovis Homes to provide main building bricks in coming week
Aside from the two housebuilders, corporate updates in the coming week will also be delivered by retailers Ocado, Superdry and Dunelm
Dunelm raises profit expectations after strong end to the year
The homewares retailer said it has seen “very good” like-for-like sales growth since it published its third-quarter statement in April.
Next, M&S, Kingfisher, WH Smith and Dunelm shares to benefit from improved retail outlook, says RBC
RBC’s preferred stocks are Next and Primark owner Associated British Foods
Dunelm shares now fairly priced, says UBS as it downgrades stance
UBS cut its rating on Dunelm to ‘neutral’ from ‘buy’ but raised its target price to 920p from 810p
Dunelm shares rise as it predicts full-year profits will be “slightly ahead” of forecasts
For the year-to-date, Dunelm’s like-for-like sales are up by 66.6% as it has set about improving both its online and in-store offerings
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FTSE 100 ends flat as the market awaits the outcome of EU leaders emergency meeting on Brexit
The raft of macro-economic news from the US, the UK and ECB policy failed to cheer the FTSE 100 as the focus turned to the meeting in Brussels
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Tesco results to dominate company news on ‘Super Wednesday’
With the latest data showing the supermarket losing market share to discounters, investors will be hoping for news on how the group plans to maintain its position at the top
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Retailers Tesco and ASOS to provide the main corporate excitement in coming week
Also on the retail front, WH Smith and Dunelm will issue updates as well in the Week Ahead, while on the macro front an ECB rate decision and US FOMC meeting minutes are also due