Dunelm Group PLC (LSE:DNLM) warned on profits after reporting slower sales growth for the past quarter. The homewares retailer reported a 3.6% increase in total sales to £926 million for the first half of its financial year, with quarterly sales growth slowing from 6.2% in the September quarter to 1.6% in the three months to 27 December amid a competitive retail environment.
Here is how Dunelm Group (DNLMY) and Perdoceo Education (PRDO) have performed compared to their sector so far this year.
RBC has turned more bullish on Dunelm Group PLC (LSE:DNLM), upgrading the homewares chain to 'outperform' from 'sector perform' and nudging its price target to 1,300p from 1,200p. The shares rose 3% to 1,153p on Monday.
Dunelm Group PLC (LSE:DNLM) shares "appear oversold" ahead of the retailer's first-quarter update on Thursday 23 October, according to Deutsche Bank. Investors seem to have steered clear due to cautious consumer commentary in September, said analyst Benjamin Yokyong-Zoega, yet subsequent industry data has shown strong demand for the homewares category.
Here is how Atlanta Braves Holdings, Inc. (BATRA) and Dunelm Group (DNLMY) have performed compared to their sector so far this year.
Dunelm Group PLC (LSE:DNLM) reported profits just above forecasts in the last set of results for CEO Nick Wilkinson, who hailed digital growth and new-store performance but said recent trading had yet to encounter signs of a sustained consumer recovery. Profit before tax increased 2.7% to £211 million for the 52 weeks to 28 June 2025, above the £210 million average analyst estimate, as margins for the homewares retailer held steady at 11.9%.
Here is how Atlanta Braves Holdings, Inc. (BATRA) and Dunelm Group (DNLMY) have performed compared to their sector so far this year.
TMICY, ROK and DNLMY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 16, 2025.
Shares in Dunelm Group PLC (LSE:DNLM) fell 4.4% on Monday after RBC Capital Markets downgraded the homewares retailer from ‘outperform' to ‘sector perform', warning that much of the good news may already be priced into the shares. The analysts praised Dunelm's solid track record, cash generation, and market positioning, but said the shares, up over 20% in the past three months, now look fairly valued.
Dunelm Group (DNLMY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Here is how Dunelm Group (DNLMY) and Madison Square Garden Entertainment (MSGE) have performed compared to their sector so far this year.
Dunelm Group PLC's (LSE:DNLM) latest trading update has prompted Deutsche Bank to raise its full-year profit forecast and price target, after the homewares retailer delivered better-than-expected sales and an encouraging improvement in margins. Third-quarter revenue rose 6.3% to £462 million, beating Deutsche's estimate of £454 million and the market consensus of £448 million.