ScS Group PLC (LON:SCS) said orders for the six weeks to September 5 had significantly topped its expectations.
Orders rose 51% over the period, which will bring in additional revenue of £19mln in the new financial year.
READ: SCS Group reopens all stores in England
In the period between May 24 and July 25, the end of its previous financial year, group order intake rocketed 92.2% following the phased the reopening of stores.
The sofa and floorings retailer said it had benefitted from pent-up demand and UK consumers spending more on their homes, although it is not clear how the increased economic uncertainty will affect the key autumn trading period.
“With cash on the balance sheet and a well-proven business model (and failing competition) the shares are very cheap and held back only by their liquidity,” analysts at Peel Hunt commented.
“If the shares were more liquid they would surely be more expansively valued, so we would simply urge investors to keep their ears open for blocks, as this is an excellent, and clearly undervalued, company in good form.”
Shares advanced 8% to 169p early on Tuesday.