DFS issues profit warning as ‘weaker market demand’ takes toll
Sofa giant DFS has lowered its revenue and profit guidance for the full year as “weaker market demand” takes its toll.
The sofa retailer posted underlying profit before tax of £8.7m for the 26 weeks to December 24, 2023. Profit before tax on a reported basis dropped year on year from £6.8m to £900k.
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