Dunelm: Homewares retailer overcomes 'more difficult' trading conditions

Yorkshire Post

Homewares retailer Dunelm has shrugged off “more difficult” trading conditions to notch up higher half-year profits. The chain posted a 4.8 per cent rise in pre-tax profits to £123m for the six months to December 30 after sales lifted 4.5 per cent.

Transcript

00:00 Hello, my name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.

00:07 Here are your business headlines for this morning.

00:10 The Homewares retailer Dunelm has shrugged off more difficult trading conditions to deliver

00:15 higher half-year profits. The chain posted a 4.8% rise in pre-tax profits to £123m for

00:23 six months to December 30th, after sales increased by 4.5%. This came despite a sharp slowdown

00:30 in sales growth to 1% in the final three months of 2023, compared with a year earlier when

00:36 sales had surged by 17.6%. Dunelm said it is pleased with trading in 2024 so far, thanks

00:43 to a resilient customer base, but it warned that the consumer outlook remains uncertain.

00:48 So an update there from Dunelm, which has overcome more difficult trading conditions

00:53 to deliver higher half-year profits. My name is Greg Wright, I'm the Deputy Business Editor

00:58 of the Yorkshire Post.

00:59 [BLANK_AUDIO]

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