Stock Market News
Dunelm profits shine
12-02-2013 07:14
| Add To Google +1 | Tweet |
Homewares retailer Dunelm posted a robust set of half year figures, as it continues to open new stores, and said it remains confident in growth prospects for the business.
The bedding, curtains and blinds retailer said pre-tax profit rose by 14.6% to £59.8m for the 26 weeks to December 29th 2012 while revenue jumped 13.4% to £340.1m during the period.
Like-for-like sales up by 2.2% compared to 1.1% growth the previous year and gross margins improved 30 basis points to 49.5%.
Dunelm, which opened 10 new superstores during the period, has offered an interim dividend of 4.5p per share, up 12.5% from the prior year. The group has committed to a furhter six sites.
Chief Executive Nick Wharton said: "Dunelm has continued to outperform the overall homewares market. We have made good strategic progress during the period, particularly supported by our work to improve customer service, the continued expansion of our store portfolio across the UK and the progress made in our on-line offering.
"The final quarter of our financial year presents some challenging like for like sales comparatives, but with a significant new store growth opportunity and an exciting multi-channel agenda in place, the board remains confident in the overall growth prospects for the business."
CJ
The bedding, curtains and blinds retailer said pre-tax profit rose by 14.6% to £59.8m for the 26 weeks to December 29th 2012 while revenue jumped 13.4% to £340.1m during the period.
Like-for-like sales up by 2.2% compared to 1.1% growth the previous year and gross margins improved 30 basis points to 49.5%.
Dunelm, which opened 10 new superstores during the period, has offered an interim dividend of 4.5p per share, up 12.5% from the prior year. The group has committed to a furhter six sites.
Chief Executive Nick Wharton said: "Dunelm has continued to outperform the overall homewares market. We have made good strategic progress during the period, particularly supported by our work to improve customer service, the continued expansion of our store portfolio across the UK and the progress made in our on-line offering.
"The final quarter of our financial year presents some challenging like for like sales comparatives, but with a significant new store growth opportunity and an exciting multi-channel agenda in place, the board remains confident in the overall growth prospects for the business."
CJ
| Related share prices |
|---|
| Dunelm Group (DNLM) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce
- Banco Santander price
- Direct Line
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers
- Telecom plus
- Kier share price
- Punch taverns
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price


Prices

