Dunelm sees FY profits ahead of expectations
Dunelm Group
983.00p
16:44 25/04/24
-2.48%
-25.00p
Homewares group Dunelm said it expected pre-tax profits to be ahead of expectations driven by good weather and strong trading across its businesses.
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The company forecast pre-tax profits to be in the range of £124 - £126m compared with £102m in 2018.
“Since we last updated on 10 April 2019, we have seen very good year-on-year total like-for-like (LFL) growth, particularly in May and June, reflecting both the soft comparator period (Q4 2018 Total LFL growth of 0.1%) and the unseasonably favourable weather conditions this year,” the company said in a trading statement.