Dunelm profits dip despite year of record sales

Dunelm London store exterior

Dunelm has pinned a slight reduction in full-year profits on controlling margins during a protracted inflationary period, even as it celebrated record sales.

In its preliminary results for the 52 weeks to July 1, 2023, the retailer reported a 7.8% drop in profit before tax to £192.7m, despite a 5.5% jump in total sales to £1.63bn.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now