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Dunelm reports sales rise but warns profits will fall below targets.
Dunelm reported a 2.1% sales increase to £472 million for the quarter ending March 28, but warned profits will likely land at the lower end of targets due to a slowdown in March.
Despite strong starts to the quarter and cost management plans remaining on track, the company cited an uncertain economic environment and instability in the Middle East as factors.
Newly appointed CEO Clo Moriarty highlighted progress on long-term growth initiatives, though shares dipped in early trading.
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Dunelm informa que las ventas aumentan, pero advierte que las ganancias caerán por debajo de los objetivos.