By Hugh Radojev2019-10-10T06:23:00
Dunelm saw both like-for-like and total sales increase in what it described as a “particularly strong” first quarter of trading.
For the 13 weeks to September 28, 2019 the homeware retailer reported that total like for like sales across its stores and ecommerce arm jumped 6.4% to £255.6m, and that total sales across Dunelm increased 5.8% to £262.6m, including the benefit of new stores.
Taking into account closed businesses, the total group revenue rose 5.8% to £262.6m
The retailer reported a 34.7% increase in online sales to £35.7m, while gross margin improved 130bps, due to “lower levels of clearance stock compared to prior year”.
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