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Dunelm reports a 3.8% sales rise to £1.77 billion, but shares fall as consumer spending remains weak.
Dunelm, a UK homewares retailer, reported a 3.8% sales increase to £1.77 billion for the year ending June 28, despite a "volatile" consumer backdrop.
The company's pre-tax profit rose 2.7% to £211 million.
Dunelm attributed the growth to stronger furniture sales and increased online trading.
Despite these gains, the company noted it has yet to see a sustained recovery in consumer spending.
Shares dropped 5.8% in early trading.
The incoming CEO, Clodagh Moriarty from Sainsbury's, will take over next month.
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Dunelm informa de un aumento del 3,8% en las ventas a 1,77 mil millones de libras, pero las acciones caen a medida que el gasto del consumidor sigue siendo débil.