Dunelm delivers first quarter growth

Furniture and homewares retailer Dunelm has reported a growth in sales.

According to its latest trading update for the 13-week period ended 28 September 2019, total like for like sales increased by 6.4% in the first quarter to £255.6m with ‘good growth across the total retail system’.

Total Dunelm growth was 7.5% at £262.6m, with instore sales up by 2.9% to £219.9m and online sales up by 34.7% to £35.7m.

Nick Wilkinson, Dunelm’s Chief Executive Officer, said: “We are pleased with our performance in the first quarter, building on the strong growth delivered over the last year. Our customers continue to respond well to our specialist product and service offering and we are excited by the numerous opportunities ahead of us.

“The launch of our new digital platform will be an important milestone in this phase of Dunelm’s development. Once fully live, we can really begin to enhance and extend our offering and customer experience.

“Despite the recent softness in the homewares market and the increased political uncertainty, we are confident we can continue to win market share and our expectations for the full year remain unchanged.”


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