23 April 2024, 11:48
By Furniture News Apr 12, 2018

Dunelm reports Q3 sales growth

In its Q3 trading update for the period ended 31st March 2018, Dunelm has announced revenue growth of +5.1% to £268.2m, while LFL revenue grew by +4.6%, continuing the growth trend seen in the retailer's H1.

Organic online growth through Dunelm.com also remained strong, at +35.7% in the quarter – a YoY reduction in non-LFL online sales partially reflects the disposal of the Achica business.

Nick Wilkinson, chief executive, says: "We've seen a good sales performance over the quarter, with LFL sales of +1.2% in stores and +35.7% online, despite a challenging consumer backdrop. Our continuing market share gains in the homewares category reflect the underlying strength of our brand and operating model, and enhance our position as market leader. As a result, our expectations for the full year remain unchanged.

"Having joined in February I am increasingly excited about the opportunities available to Dunelm to develop and grow a truly multichannel proposition."

© 2013 - 2024 Gearing Media Group Ltd. All Rights Reserved.