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Top Stories

Posted By Uma Rajagopal

Posted on July 18, 2024

Homeware retailer Dunelm sees annual profit slightly ahead of market view

Homeware retailer Dunelm sees annual profit slightly ahead of market view

(Reuters) – British homewares retailer Dunelm Group forecast its annual profit to be slightly higher than market consensus on Thursday, helped by an increase in volumes as customers spent on new furnishings to spruce up their homes.

Profit before tax for the year ended June 29 will likely be slightly ahead of analysts expectations of 200 million pounds ($260.14 million), according to a company compiled consensus.

($1 = 0.7688 pounds)

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Rashmi Aich)

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