Dunelm profits to beat expectations amid margin gains

Dunelm 1

Dunelm has said it expects full-year profits to come in “higher than previous expectations” after a period of “strong sales growth”.

The homewares chain said its gross margins have been “stronger than expected as a result of sourcing gains and better sell-through” in its financial year to date.

It also said it had successfully transitioned all of its customers to its new digital platform and “did not see any adverse impact” on performance as a result of the switch.

Dunelm said it maintained “strong” sales growth both in stores and online during the period.

 

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