Dunelm ups profit guidance as shoppers seek affordable home improvements
Dunelm has upped its profit guidance as sales climb and shoppers search out affordable treats and improvements for their homes.
The homewares retailer’s total sales for the 52 weeks to 1 July, 2023, grew by 6% on a comparable basis, up 50% on pre-pandemic levels.
Due to its “robust sales performance, strong commercial disciplines and tight operational grip on costs”, Dunelm said it expects its profit before tax for the full year to be slightly ahead of current analysts’ consensus of £188m.
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