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”.

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