DFS

Dfs Furniture Plc

111.00
-3.00 (-2.63%)
Share Name Share Symbol Market Type Share ISIN Share Description
Dfs Furniture Plc LSE:DFS London Ordinary Share GB00BTC0LB89 ORD GBP0.10
  Price Change % Change Share Price Shares Traded Last Trade
  -3.00 -2.63% 111.00 132,095 16:35:12
Bid Price Offer Price High Price Low Price Open Price
109.60 115.20 112.20 110.00 110.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Furniture 1,158.80 31.40 12.10 9.92 287.09
Last Trade Time Trade Type Trade Size Trade Price Currency
17:32:25 O 716 110.206 GBX

Dfs Furniture (DFS) Latest News (1)

Dfs Furniture (DFS) Discussions and Chat

Dfs Furniture Forums and Chat

Date Time Title Posts
17/5/202318:02*** DFS ***247
10/6/201907:22DFS Half Year Results 14.03.19 Preview2
13/3/201913:24dfs Furniture - Excellent Value + High Yeild53
16/4/201207:16Who flung dung shipping corp plc140
06/12/200514:43DFS and Primback10

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Dfs Furniture (DFS) Most Recent Trades

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Dfs Furniture (DFS) Top Chat Posts

Top Posts
Posted at 16/3/2023 11:50 by patsyluck
this company is unfortunately a poster boy for appalling capital management decisions...average price paid for stock buybacks in some cases double current price...meanwhile debt balloons ...bunch of idiots in charge...heads need to roll here.
Posted at 13/1/2023 07:18 by cwa1
Reasonably positive all things considered:-

Interim Trading Update

Good start to the winter sale trading period

Profit guidance reiterated

DFS Furniture plc, the market leading retailer of living room and upholstered furniture in the United Kingdom, today announces a trading update for the twenty six week financial reporting period to 25 December 2022, together with an update on recent trading.

Summary:

-- +10.6% order intake growth* relative to the FY19 pre pandemic period
-- Strong second quarter performance supported by further market share gains
-- Good start to the important winter sale trading period
-- Reiterate our mid case profit guidance of GBP36m profit before tax and brand amortisation (range GBP30m-GBP40m)

Trading overview

Group order intake for the period* was +10.6% compared to the pre pandemic FY19 period (-4.8% Vs FY22).

Following low market wide demand levels at the start of the financial year, trading improved in the second quarter* with order intake growth relative to FY19 increasing to +16.3% (+18.8% Vs FY22). We continue to observe further market share gains based on our proprietary Barclaycard data set.

Group gross sales, which are recognised on delivery of orders to customers, are up +9.6% on the FY19 comparator period (-1.1% Vs FY22).

Outlook

Current order intake performance remains strong, with the important winter sale trading period starting well. Whilst the macroeconomic and consumer outlook remains hard to predict, our mid case FY23 guidance remains unchanged at GBP36m profit before tax and brand amortisation, with the range narrowing to GBP30m-GBP40m.

This assumes the improved momentum we have seen in order intake continues through the second half, alongside delivery of planned margin improvements and normalisation of the order bank which remains elevated at the end of the first half due to the weighting of order intake. Profit delivery will be second half weighted with first half profits expected to be in mid-single digit GBP millions.

We remain committed to our strategy to lead furniture retailing in the digital age. Our scale, trusted brands, innovation, final mile two-man logistics platform, digital capabilities and integrated retail strategy give us significant advantages in our market and will allow us to maintain our track record of market share gains whilst driving attractive returns for our shareholders.

The Group will announce its interim results for the period ending 25 December 2022 on 16 March 2023.

Comment from Tim Stacey, Group Chief Executive

"The Group has traded well through the second quarter and the start of the important winter sale trading period. Whilst the macroeconomic environment remains challenging and hard to predict, we reiterate our full year profit guidance supported by the positive current trading momentum.

As always, we continue to invest for the long term success of the business, to further strengthen our market leading position and with our established platforms, scale and expertise we believe we are well set up for growth over the medium term"

*Order intake growth for the period calculated using weeks 1-25 of the financial period (and for the second quarter using weeks 14-25) to remove the impact of the different number of days in each financial year falling into the post Christmas sale trading period. International and Sofa Workshop have been excluded from the order intake and gross sales growth calculations given the closure of these operations.

Posted at 29/12/2022 15:10 by cwa1
Pelham Cap. increasing:-

https://www.investegate.co.uk/dfs-furniture-plc--dfs-/rns/holding-s--in-company/202212291404562398L/

Posted at 22/12/2022 07:31 by cwa1
https://www.investegate.co.uk/dfs-furniture-plc--dfs-/rns/director-pdmr-shareholding/202212220700055259K/
Posted at 11/11/2022 17:11 by markyball87
DFS have lost all their top sales people so thats why profits and sales are down. The big bosses won't release that to the city though.Dont invest in this company they're dishonest.
Posted at 30/9/2022 16:36 by cwa1
Sizable increase in holding...

https://www.investegate.co.uk/dfs-furniture-plc--dfs-/rns/holding-s--in-company/202209301445274026B/

Posted at 15/9/2022 21:02 by gaffer73
"The Board therefore proposes to pay a final dividend for FY22 of 3.7 pence per share (FY21: 7.5 pence per share), alongside extending the currently ongoing GBP25m share buyback by a further GBP10m. This will still position our trailing dividend yield at 5.6%, while taking advantage of the significant returns implied by a share buyback." Less divi, more buybacks. Makes sense while the share price is low as long as a recession doesn't bankrupt them.
Posted at 08/9/2022 17:44 by cwa1
Some pretty interesting holdings announced today IMO. Culminating in this from DFS:-

https://www.investegate.co.uk/dfs-furniture-plc--dfs-/rns/new-major-shareholder/202209081315018083Y/

Posted at 05/9/2022 10:27 by cwa1
https://www.investegate.co.uk/dfs-furniture-plc--dfs-/rns/holding-s--in-company/202209050945112628Y/

HOWEVER, just a "passive crossing" due to the share buyback, so nothing really to see here...

Posted at 05/7/2022 07:43 by cwa1
In amongst the CFO leaving RNS:-

https://www.investegate.co.uk/dfs-furniture-plc--dfs-/rns/directorate-change/202207050700062819R/

...is this little nugget:-

Further to recent our Trading update and the successful completion of expected deliveries to our customers prior to year-end we now expect profitability to be in the upper half of the range for underlying profit before tax and brand amortisation previously indicated.*



Ian Durant, Chair of DFS, commented: "I would like to thank Mike for his leadership as CFO. He has helped to navigate DFS through a period of significant challenge, including the impact of COVID-19, and leaves a resilient business well placed to grow in the UK.

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