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Retail

Retailers to grab attention on Wednesday

Dunelm said in a trading update in July that underlying like-for-like sales came in at 2.9%

Market-watchers get another chance to gauge post-EU referendum consumer confidence on Wednesday as a number of retailers report.

Homeware retailer Dunelm Group posts finals and Numis Securities expects the group to report pre-tax profits of about £130mln, against £121.4mln last time.

Dunelm said in a trading update in July that underlying like-for-like sales came in at 2.9% in the fourth quarter, reflecting a slowdown from the strong third quarter's 5.1%, thanks to bad weather and the EU vote.

"Looking ahead, we will be interested to see the progress being made in John Browett's strategy, outlined last year," Numis said.

Other high street retailers reporting include fashion firm Supergroup PLC (LON:SGP) and pet goods chain Pets at Home (LON:PETS).

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