DFS suffers sales fall but reassures on profits

DFS reported a fall in sales

DFS has reported a decline in sales but should hit earnings expectations despite tough trading conditions.

The sofas giant posted a gross sales decline of 6% in the 26 weeks to December 29.

The retailer said August and September last year were particularly challenging, but “order intake momentum has strengthened more recently, and the key winter Sale trading period has started satisfactorily”.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.