Analysis: Do furniture retailers face big-ticket blues?

DFS Dwell Oxford

After mixed results from furniture retailers DFS, Eve and ScS, Retail Week looks at how the big-ticket furniture retailers are performing and what their prospects are in uncertain times.

As retail’s golden quarter gets under way, furniture and big-ticket homewares retailers are preparing for their own high season that kicks in just after Christmas.

Following a difficult few years for many furniture groups, a suite of results over the last few weeks indicates - on the surface at least - that the sector is well-upholstered.

Sofas market leader DFS, for instance, reported a 31.1% increase in pre-tax profits to £50.2m, and earnings at competitor ScS  advanced 4.6% to £14.3m.

However, furniture groups are not sitting comfortably. While the financial years recently ended brought improved performances, there are concerns the nicely plumped up cushions may soon start to lose their bounce.


Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Sign up for a month FREE trial

Subscribe now