Dunelm Share Discussion Threads

[johnwise] 14/7/2021 12:48

The homewares retailer said total sales in the 13 weeks to 26 June were up 101.7% year-on-year to £380.1mln.
Digital sales represented 46% of total sales during the year, up 19 percentage points on the previous year and 26 percentage points on two years ago.

For the full year, the gross margin improved by 1.3 percentage points (130 basis points), reflecting the timing of its summer sale and a lower level of discounting throughout the year.

Full-year pre-tax profit is expected to be in the region of £158mln; the consensus forecast prior to today’s announcement was for profit of £150mln.

[johnwise] 13/7/2021 08:49

UK retail sales post strongest quarter on record

UK retail sales posted their best quarter on record as the lifting of Covid restrictions and Euro 2020 triggered a burst in consumer spending, according to new figures released today.

Figures from the British Retail Consortium and KPMG show retail sales surged 10.4 per cent in the second quarter of this year compared to the same period in 2019, before the onset of Covid.

[hawaly] 12/7/2021 08:01

Positive write up in Telegraph yesterday

😎

GLA

[bartyb] 05/7/2021 10:01

The container ship that was held in the Suez Canal has been released.The ship has hundreds of Dunelm containers on board which will release a load of stock.Trade is really busy.

[bigbaggy] 01/7/2021 10:01

SP looks like its back on its legs and heading back to 1550p. They have produced some terrific results so I am expecting new highs in due course. Great business.

[johnwise] 30/6/2021 09:02

City AM

Confidence among businesses in London has reached its highest level for almost three years, according to new research published today.

Lloyds Bank Commercial Banking’s latest Business Barometer shows business confidence in the capital rose 17 points to 41 per cent in June 2021 – the highest level since September 2018.

[johnwise] 24/6/2021 09:43

.
Confidence among UK business leaders highest since Brexit vote

UK bosses’ confidence in the economy was buoyed by vaccine optimism to its highest level since just after the Brexit referendum, a new survey has shown.

The confidence tracker from the Institute of Directors (IoD), a body for business leaders, has been in positive territory for around 12 months. A positive score means more company directors are optimistic about the economy than are pessimistic.

[tole] 23/6/2021 18:09

https://citywire.co.uk/funds-insider/news/the-expert-view-dunelm-aston-martin-grafton-marstons-and-caretech/a1522303Dunelm: more than a lockdown winnerDunelm (DNLM) is being viewed as a lockdown winner but Schroder UK Mid Cap (SCP) manager Jean Roche believes there is more to the homeware retailer.Dunelm was the biggest holding in Roche's £266m investment trust at the end of May, making up 4.2% of the portfolio. According to trust's half-year report, Dunelm was a detractor from performance in the six months to the end of March.In the results, Roche said the group is 'viewed by the market...rather one-dimensionally, as a lockdown winner'.'A management share sale during the period added to the pressure, as did a period of pandemic-related store closures, which resulted in weaker-than-expected sales in the January-to-March 2021 period,' she said.'However, the company has since reported that since stores have reopened, sales are +59% compared with 2019 – as one year ago stores were closed therefore making comparison less relevant – and that it is winning market share, proof that the combination of stores and a strong online offer is key in the new retail battleground.'Shares in Dunelm closed flat at £13.76 on Tuesday. The shares are up nearly 6% since the end of March.

[johnwise] 11/6/2021 08:23

Bounce back Britain: UK economy grew by 2.3% in April in highest monthly rise since last July after shoppers hit High Streets and pubs reopened as Covid restrictions eased

[johnwise] 08/6/2021 08:25

UK retailers report strong May sales as lockdowns end


British retailers reported a big boost in sales in May, after lockdown measures ended the month before and a relaxation of Covid restrictions on hospitality drew more shoppers into town centres, industry data shows.

This was the biggest increase in sales compared with 2019 for any month since the start of the pandemic.

"The rain in May failed to dampen consumer demand and shoppers continued to return to the high street," Paul Martin, head of retail at survey sponsor KPMG, said.

[bartyb] 27/5/2021 11:44

Can't believe sellers in these trading is phenomenal

[johnwise] 21/5/2021 07:43

Consumer confidence returns to pre-pandemic levels as restrictions eased


Consumer confidence recovered in May, regaining all the ground lost during the Covid outbreak, as lockdown restrictions were relaxed and the UK’s successful vaccination rollout continued.

Sentiment rose six points in May as consumer optimism about personal finances and the economy increased, the GfK Consumer Confidence Index revealed. That was the highest score recorded in the past year.

Consumers were also positive about the general economic situation at present, with that measure up 10 points month on month and seven year on year.

[mike24] 19/5/2021 23:32

what a chance to top up at 10am on the dip
flushing the sellers out, then onwards & upwards
nai

[johnwise] 19/5/2021 15:56

Homeware retailer Dunelm hikes its profit forecast again as people splurge cash on sprucing up their homes during the pandemic


Demand for homewares and DIY products has rocketed since the start of the pandemic as Britons stuck at home with time on their hands have focused on housing and garden renovations.

Retail expert Clive Black said the homewares market should remain solid for the rest of the year, even as restrictions lift.

He added: 'With many folks unlikely to have the overwhelming urge to go on a foreign holiday in summer 2021, demand for home-related goods could yet be stronger and more sustained than we previously thought.'

Russ Mould, investment director at AJ Bell, said: 'Dunelm joins a growing list of retailers to say that earnings are better than expected.

[johnwise] 19/5/2021 14:10

Homeware boom sees Dunelm increase sales 59% in Q1, on track for £148m pre-tax profit

[johnwise] 19/5/2021 08:14

Dunelm Group plc Trading Update

19/05/2021 7:00am

[paulisi] 19/5/2021 07:35

Rather good trading statement. Should see a nice jump this morning.

[mike24] 25/4/2021 12:31

chart loooks good for a further 10% rise,
where is the competition, a post-pandemic winner
the right merchandise, at the the right price
EDIT
18/5 data firm Springboard need to get down to a Dunelm store mid-week
and check out the queue's
nai

[wetdream] 14/4/2021 19:46

Dnlm are shown as no.1 here with JL in second.

hxxps://www.retaileconomics.co.uk/top-10-retailers-homewares

Data are a year or so old so picture may have changed beneath them.

[paulisi] 14/4/2021 04:53

I still think their biggest competitor is Amazon and on the housewares section it will be the supermarkets.Didn't even associate John Lewis as a major competitor...

[bartyb] 12/4/2021 14:19

Scottish shops opened last week and sales were massive. Sold most of their old stock straight away which they did not expect.

[bartyb] 12/4/2021 14:18

Scottish shops opened last week and sales were massive. Sold most of their old stock straight away which they did not expect.

[mayapalm] 08/4/2021 22:44

With John Lewis closing more and more stores that can only help Dunelm with there offer. Apart from Next there is not much competition at this level or as well run as a complete home furnishing business as Dunelm out there. Online will continue to go from strength to strength