Essential reading for retailers and suppliers in the home improvement market

Strong growth in second quarter for Dunelm

Published: 9 January 2020 - John King
 

Dunelm Group has reported a strong trading update for the 13-week and 26-week periods ended 28 December 2019.

Total like for like (LFL) sales increased by 5.0% in the second quarter, reflecting strong growth across the total retail system.  Total growth, including the benefit of new stores, was 6.2%. Total like-for-like sales for the first half of the year increased by 5.6% with total growth of 6.0%.

Commenting on the figures, Nick Wilkinson, Dunelm's chief executive officer, said: "We are really pleased with our performance in the first half, building on the strong growth and profitability delivered last year.  The second quarter was particularly strong in terms of sales and margin growth, on both one-year and two-year bases.

"The successful launch of our new digital platform during the quarter marked an exciting milestone for Dunelm. The transition to a modern, flexible, cloud-native platform has already improved our customer experience and will allow us to step change our retail innovation capabilities going forward. Our customers have responded well to the new website during Christmas and winter sales trading.

"Our ambitious growth plans are centred on extending and enhancing our customer proposition, helping more customers than ever create a home that they love. We are excited by the significant opportunities ahead of us."

 

Comments


(Your email address will not be published)
1 + 2 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories