Dunelm boosted by strong first quarter
Dunelm has posted a 6.4% increase in first quarter like-for-like sales.
In the 13 weeks to 28 September, in-store like-for-like sales grew by 2.9% while online sales saw a 34.7% uplift.
The retailer said trading was particularly strong at the beginning of the period but was mixed in September due to a softer homewares market.
Nick Wilkinson, Dunelm’s chief executive, said: “We are pleased with our performance in the first quarter, building on the strong growth delivered over the last year. Our customers continue to respond well to our specialist product and service offering and we are excited by the numerous opportunities ahead of us.”
Looking ahead, Wilkinson said Dunelm’s new digital platform will mark an important milestone for the business when fully live and will enable it to extend its product offering and enhance the customer experience.
He added: “Despite the recent softness in the homewares market and the increased political uncertainty, we are confident we can continue to win market share and our expectations for the full year remain unchanged.”
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