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
NBCUniversal unveiled Peacock, a free premium ad-supported streaming service with subscription tiers offering more than 600 movies and 400 series. Peacock will be available on April 15 for Comcast's Xfinity X1 and Flex customers and on July 15 for the rest of the country. NBC is offering Peacock... The number of Amazon Prime members in the U.S. is growing slowly, but steadily, a recent study has shown. According to the survey by the Consumer Intelligence Research Partners, LLC or CIRP, the number of Amazon Prime members in the U.S. is estimated to have risen to 112 million in December 2019 from just over 100 million in the same period of the prior year. Medical device manufacturer Cardinal Health will soon recall certain Level 3 surgical gowns or PreSource procedural packs that contain these gowns following warning that they may not be sterile, the U.S. Food and Drug Administration said in a statement. The health regulator said it is working with the company to find out the specific product lots that are impacted.
RELATED NEWS
Follow RTT
>