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Dunelm Group Q2 Sales Rise; Backs FY23 View

Dunelm Group Plc (DNLM.L), a British home wares retailer, said on Thursday that it reported an increase in sales for the 13-week period to December 31, 2022 and first-half, amidst higher demand.

For the second-quarter, the total sales were at 478 million pounds, 18 percent higher than the same period last year, and up 48 percent compared with three years ago period, pre-pandemic.

The second quarter performance was supported by autumn and winter product ranges, which were proved particularly popular with customers.

For the first-half, the company registered total sales of 835 million pounds, 5 percent higher than the first-half of previous fiscal, and up 43 percent compared with three years ago period, pre-pandemic.

Looking ahead, for the fiscal 2023, the Group still projects its profit before tax to be above current market expectations.

by RTTNews Staff Writer

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