January 16, 2018 / 7:21 AM / in 9 months

BRIEF-Dunelm Group Says ‍Total Revenue For Q2 Rose By 13.6 Pct To 297.5 Mln Pounds​

Jan 16 (Reuters) - Dunelm Group Plc:

* EXPECT SOME MARGIN IMPROVEMENT IN SECOND HALF​

* Q2 ‍TOTAL LIKE-FOR-LIKE (LFL) REVENUE GREW BY 3.4%​

* OPENED FIVE NEW STORES IN QUARTER, INCLUDING ONE RELOCATION

* ‍REMAIN ON TRACK, WITH GOOD SALES GROWTH AND MARKET SHARE GAINS, OFFSET BY MARGIN MIX​

* ‍GROUP GROSS MARGIN PERCENTAGE FOR HALF YEAR WAS 180BPS LOWER THAN LAST YEAR​

* ‍WELL POSITIONED TO DELIVER GOOD FULL YEAR PROFIT GROWTH, AFTER SMALL REDUCTION IN FIRST HALF, LARGELY DUE TO CONSOLIDATION OF WORLDSTORES LOSSES​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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