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Homeware retailer Dunelm sees annual profit slightly ahead of market view
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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)
Profit before tax is a company's earnings before tax expenses are deducted. It provides insight into the company's profitability and is often used to compare financial performance across companies.
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