Panmure Liberum has upgraded Dunelm Group PLC (LSE:DNLM) to 'hold' from 'sell' and nudged its target price up to 820p from 810p, saying the homewares retailer's fourth quarter brought relief that trading did not deteriorate further. The broker described the outcome as respectable given challenging conditions and adverse weather, though it remains cautious about calling the turn after weaker news flow through the second and third quarters.
Dunelm Group PLC (LSE:DNLM) has said full-year profit will be in line with expectations after sales growth of 2.9% in its final quarter, as new chief executive Clo Moriarty promised to reveal plans for a bigger, better and bolder business in September. The homewares retailer said sales rose to £428 million in the 13 weeks to 27 June despite two separate weeks of exceptionally warm weather that dented store footfall.
British homeware retailer Dunelm on Thursday forecast its annual profit at the lower end of market expectations, citing persistent weak consumer spending due to uncertainty linked to the conflict in the Middle East.
| Specialty Retail Industry | Consumer Discretionary Sector | Clodagh Moriarty CEO | OTC PINK Exchange | 26543P103 CUSIP |
| GB Country | 11,862 Employees | 13 Mar 2026 Last Dividend | - Last Split | - IPO Date |
Dunelm Group plc is a leading retailer of homewares in the United Kingdom. Established in 1979 and headquartered in Syston, the UK, Dunelm offers a wide array of products ranging from furniture and bedding to decor and kitchen utilities. Operating through a network of stores across the country, the company also provides a comprehensive online shopping experience through its website, dunelm.com. Dunelm Group plc is committed to offering high-quality home furnishing items that cater to the tastes and needs of its diverse clientele.