Dunelm Group Stock News

Dunelm Group PLC (LSE:DNLM) said first-quarter sales rose 1.1% to £433 million as trading strengthened through the period, helping the homewares retailer maintain its full-year profit guidance despite an uncertain consumer backdrop. Pasted text Sales fell around 3% year on year during the first six weeks of the quarter as exceptionally warm weather weighed on demand, before returning to growth ...

UK retailer Dunelm's quarterly sales rise as demand for curtains, kitchenware rebounds

Stockbroker Panmure Liberum has downgraded Dunelm Group PLC (LSE:DNLM), the homewares retailer, from 'hold' to 'sell'. The broker cut its target price to 590p from 820p, implying further downside from Wednesday's closing share price of 734p.

Dunelm Group PLC (LSE:DNLM) retained UBS's backing despite earnings downgrades, with the bank highlighting the homewares retailer's lowest valuation since 2019 and scope for expansion. The shares stood at 769p, up 5% in Thursday trading, while the broker maintained its 'buy' rating and cut its target to 1,130p from 1,250p.

Dunelm Group PLC (LSE:DNLM) has unveiled a three-year growth strategy targeting a return to mid-to-high single-digit annual sales growth, backed by around £100 million of cost savings and accelerated investment in stores and digital channels. The FTSE 250 homewares retailer said its ‘Winning Hearts & Homes' plan aims to lift growth from around 3% currently while maintaining an adjusted profit b...

UK homewares retailer Dunelm launched ​a new three-year growth ‌plan on Tuesday and warned that unusually hot weather ​had knocked trading at ​the start of its new ⁠financial year.

Dunelm Group PLC (LSE:DNLM) secured a firm vote of confidence from Deutsche Bank on Thursday, as the broker upgraded the retailer on the expectation of accelerating earnings growth. The shares jumped 4% to 862p as Deutsche Bank lifted its stance to 'buy', arguing the market is giving little credit to the homeware chain's strategic upside.