Dunelm shares up after strong summer performance

By
0 mins. to read
Dunelm shares up after strong summer performance
Ceri Breeze / Shutterstock.com
Master Investor Magazine

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

The price of shares in FTSE 250 home goods retailer Dunelm (LON:DNLM) has risen by 6.53% to 963p (as of 14:35 BST) after the company updated the markets about its performance since 10th April. Management said that like-for-like revenue growth during May and June had outperformed expectations due to favourable weather conditions.

As a result, full year profits before taxation for the full year are now expected to be in the range of £124-126 million, roughly 25% higher than the underlying profits from 2018.

Take part in our poll

Which investment platforms do you use?

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.