Dunelm shares up after strong summer performance

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

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?

The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.

Book your FREE tickets today using code: MIBLOG

Comments (0)

Leave a Reply

Your email address will not be published.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


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