|Master Investor Magazine
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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.