Dunelm lifted as it raises guidance

The share price of FTSE 250 homewares retailer Dunelm (LON:DNLM) has increased by 19.34% to 992.93p (as 14:45 GMT) after it said that its full-year pre-tax profits would exceed previous guidance. Gross margins during the year to date had been better than expected due to stronger sell through and improved sourcing.

The company also said that the transition to a new web platform had been successful and that operational costs were well contained.