In its preliminary results for the year ending June 29, Dunelm Group reports that its total like-for-like (LFL) sales increased by 10.7% with strong growth both in stores (7.7%) and dunelm.com (35.1%). It reported improved gross margins, continuing growth in brand awareness and success with an improved customer proposition offering more choice, style and value.
Nick Wilkinson, chief executive officer, commented: “As Dunelm celebrates its 40th anniversary, we are pleased to have delivered a strong performance during the year, with an improvement across all our customer, operating and financial metrics. In particular, the strong like-for-like revenue growth, both in stores and online, demonstrates the progress we are making with our multichannel proposition whilst maintaining the breadth and depth of our specialist customer offer in homewares.”
Nick also expressed that the company remains “cautriousabout the full year outlook due to increased Brexit uncertainty and specifically the impact it may have on consumer spending as we enter our peak period.”
Top: Dunelm has once again posted healthy increases.
