logo
Plus   Neg
Share
Email

Dunelm Q1 Revenue, LFL Revenue Rise; Backs FY Outlook

Dunelm Group plc (DNLM.L), a homewares retailer, reported that its total group revenue for the first-quarter increased 5.8 percent to 262.6 million pounds.

Total like-for-like or LFL revenue increased 6.4 percent in the first quarter with good growth across the total retail system.

In its trading update for the 13-week period ended 28 September 2019, the company said LFL store revenue increased 2.9 percent and LFL online revenue on Dunelm.com climbed 34.7 percent.

Total Dunelm revenue growth was 7.5% including the benefit of new stores. The beginning of the quarter was particularly strong, reflecting continued market share gains and the weak comparative period last year. In September trading was mixed, in part reflecting a softer homewares market, the company said in a statement.

The company said its expectations for the full year remain unchanged.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. (AAPL) unveiled a 16-inch MacBook Pro laptop with a larger screen and redesigned keyboard. It is the first major update since the MacBook Pro line was revamped three years ago. The company has moved from a 15-inch screen to a higher-resolution 16-inch screen. Facebook has launched its new payment platform called 'Facebook Pay' in the U.S., joining other tech giants like Google and Apple that have their own payment platforms. The new service will be available across Facebook and its associated apps - Messenger, Instagram and WhatsApp, the social media giant said in a blog post. The payment service supports most major credit and debit cards. Amneal Pharmaceuticals, LLC recalled certain lots of heartburn medication Ranitidine in the form of tablets and syrup for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine, above levels established by the U.S. Food and Drug Administration or FDA. The generic and specialty pharma company is recalling 94 lots of Ranitidine tablets and Syrup.
RELATED NEWS
Follow RTT
>