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Reuters
Published
Oct 12, 2017
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UK homewares retailer Dunelm sales boosted by favourable weather

By
Reuters
Published
Oct 12, 2017

British retailer Dunelm Group said first-quarter revenue rose nearly 25 percent as favourable weather drew more customers to its stores.


Sales at its stores open for over a year rose 9.3 percent - Dunelm


Dunelm, which sells cushions, bedding and kitchen equipment, said revenue for the 13 weeks to Sept. 30 rose 24.8 percent to 247.9 million pounds ($327.15 million).

Sales at its stores open for over a year rose 9.3 percent.

The company had said in September that trading had been encouraging in the first two months of its latest financial year that began in August and still continued to outperform the homewares market.

Comparable online sales rose 46.2 percent to 19.9 million pounds with overall sales from online channels contributing about 16 percent to total sales in the quarter.

In August, the home decor retailer announced the immediate departure of its chief executive, John Browett, due to “personal reasons."

Chairman Andy Harrison took up the role of interim executive leadership, supported by deputy chairman Will Adderley and CFO Keith Down, until a new CEO is appointed. Dunelm is yet to find a successor.

Additional reporting by Benjamin Fitzgerald

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