Dunelm Group plc Unsponsored ADR (DNLMY)
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Dunelm shares on front foot as online sales drive growth
Dunelm Group PLC (LSE:DNLM) has reported a 3.5% year-on-year increase in total sales for the first quarter of FY25, reaching £403 million. The growth was driven primarily by increased volumes, with digital sales making up 37% of all sales, an improvement on the same period last year.
Dunelm shares fall as founder cuts stake
Dunelm Group PLC (LSE:DNLM) founding Adderley family have cut the stake in the homewares retailer by 10 million shares, around a 4.9% stake, through a placing at 1,140p per share. The shares were sold by deputy chair Will Adderley and WA Capital Limited (LSE:CAPD), a company he controls with his wife Nadine.
British retailer Dunelm's top shareholder sells nearly 5% stake
British homewares retailer Dunelm's top shareholder, Will Adderley, and his private investment firm have sold a 4.9% stake in the company for 11.4 million pounds ($15.22 million), bookrunner Barclays said on Tuesday.
Retailers M&S and Dunelm tipped due to 'strong pent-up UK demand'
B&M European Value Retail SA (LSE:BME) was downgraded to 'sell' and both Marks and Spencer Group PLC (LSE:MKS) and Tesco PLC (LSE:TSCO) were highlighted as 'top picks' in the European retail sector due to "strong pent-up demand". Real wage growth has been a clear driver of consumer spending historically, analysts at the Swiss bank said, however the correlation has become broken due to soaring prices since the pandemic, confidence that has not fully recovered, higher mortgage rates and expectations about tax rises.
Dunelm Group plc (DNLMY) Q2 2024 Earnings Call Transcript
Dunelm Group plc (OTCPK:DNLMY) Q2 2024 Results Conference Call September 11, 2024 4:30 AM ET Company Participants Nick Wilkinson - CEO Karen Witts - CFO Nick Wilkinson Good morning and welcome to the Dunelm Interim's Presentation covering the First Half of our Financial Year Up Until 30, December. My name is Nick Wilkinson.
Dunelm's consumer outlook key as profit beat expected in results
Dunelm Group PLC (LSE:DNLM)'s full-year results next Wednesday will provide a glimpse into how the recovery of the UK's consumer market is coming along. Having already hinted at a profit beat for the year, the homeware retailer's results are likely to be in focus for Dunelm's outlook and forward guidance after consumers have been struck with surging costs in recent years.
Dunelm ups profit expectations, shares surge higher
Dunelm Group PLC (LSE:DNLM) expects full-year profit before tax to come in “slightly ahead of expectations”, the FTSE 250-listed home furnishings retailer said in a fourth-quarter trading update. The company noted increased volumes in the final quarter of 2024, with total sales edging up 5%.
