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Dunelm Group PLC (DNLM.L)

DNLM.L on London Stock Exchange

606.50GBp
13 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Dunelm Posts Q1 LFL Rev Growth Of 4.2 Pct
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Dunelm Group PLC ::FIRST QUARTER TRADING UPDATE.FOR Q1 REPORT TOTAL LFL REVENUE GROWTH OF +4.2%.TOTAL MULTI-CHANNEL REVENUE FOR QUARTER REPRESENTED 14.8% OF CONTINUING DUNELM REVENUE.LFL ONLINE REVENUES ON DUNELM.COM CONTINUED TO GROW STRONGLY IN QUARTER BY +33.3%.REMAIN ON TRACK TO LAUNCH OUR NEW DUNELM.COM WEB PLATFORM IN Q3 OF THIS FINANCIAL YEAR.AT THIS POINT WE ARE LEGALLY COMMITTED TO ONE NEW STORE THAT IS DUE TO OPEN TOWARDS END OF FINANCIAL YEAR.AS AT 29 SEPTEMBER 2018, NET DEBT WAS APPROXIMATELY £109M (FY18: £130M).QTRLY TOTAL GROUP REVENUE 248.2 MILLION STG, UP 0.1 PERCENT.  Full Article

Dunelm Group Expects FY Operating Costs To Grow Slightly Ahead Of Sales
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - Dunelm Group Plc ::INTERIM DIVIDEND UP 7.7 PERCENT TO 7 PENCEPER SHARE.H1 ‍EBTIDA (POST EXCEPTIONAL ITEMS) OF £76.4M UP 7% YEAR-ON-YEAR​.‍INTERIM DIVIDEND INCREASED BY 7.7% TO 7.0 PENCE PER SHARE (FY17: 6.5 PENCE PER SHARE)​.H1 PBT PRE-EXCEPTIONAL ITEMS DOWN 8.0% TO £60.0M, AND UP 0.7% TO £56.3M POST-EXCEPTIONAL COSTS.GOOD SALES GROWTH; 6.0% LIKE-FOR-LIKE (LFL) SALES GROWTH, INCLUDING STORE LFL SALES GROWTH OF 3.5%, AND 18.4% TOTAL GROWTH IN H1.WE ARE BUILDING TOWARDS OUR MEDIUM TERM REVENUE TARGET OF £2BN, OF WHICH 30-40% WILL BE ONLINE.OUR GROSS MARGIN IS EXPECTED TO BE MORE STABLE IN SECOND HALF.WE EXPECT OPERATING COSTS TO GROW SLIGHTLY AHEAD OF SALES IN FULL YEAR.  Full Article

Dunelm Group Says Keith Down To Step Down As CFO In June
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - Dunelm Group Plc ::SAYS KEITH DOWN, CHIEF FINANCIAL OFFICER, HAS INFORMED BOARD THAT HE WILL STEP DOWN IN JUNE.‍SEARCH FOR KEITH DOWN'S SUCCESSOR IS UNDER WAY; HOPE TO MAKE AN APPOINTMENT BEFORE KEITH'S DEPARTURE ON 15 TH JUNE​.‍DAVID STEAD, KEITH'S PREDECESSOR AS CFO OF DUNELM, HAS AGREED TO BECOME INTERIM CFO DURING ANY TRANSITION PERIOD​.  Full Article

Dunelm says Nick Wilkinson has started as CEO
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Dunelm Group ::‍NICK WILKINSON HAS TODAY JOINED BOARD AS CHIEF EXECUTIVE​.  Full Article

Dunelm Group Says ‍Total Revenue For Q2 Rose By 13.6 Pct To 297.5 Mln Pounds​
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Dunelm Group Plc ::‍TOTAL REVENUE FOR Q2 ROSE BY 13.6% TO £297.5M​.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​.  Full Article

Dunelm says ‍total revenue for q1 up 24.8 pct
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Dunelm Group Plc ::‍TOTAL REVENUE FOR Q1 ROSE BY 24.8% TO £247.9M​.Q1 ‍TOTAL LIKE-FOR-LIKE (LFL) REVENUE GREW BY 9.3%.​.‍"WE CONTINUE TO OUTPERFORM HOMEWARES MARKET"​."‍INTEGRATION OF WORLDSTORES BUSINESS CONTINUES ON PLAN"​.‍OUR GROUP GROSS MARGIN IN QUARTER WAS IN LINE WITH OUR EXPECTATIONS, BEING 220BPS LOWER THAN LAST YEAR FOR TWO REASONS​.‍FOR FULL YEAR WE EXPECT DUNELM GROSS MARGIN, COMBINING STORE AND ONLINE, TO BE IN LINE WITH PRIOR YEAR​.‍OPENED FIVE NEW STORES IN Q1, TAKING OUR SUPERSTORE FOOTPRINT TO 165 STORES​.  Full Article

Dunelm Group posts FY underlying pretax profit of 109.3 mln pounds
Wednesday, 13 Sep 2017 

Sept 13 (Reuters) - DUNELM GROUP PLC ::FINAL DIVIDEND UP 2.1 PERCENT TO 19.5 PENCEPER SHARE.TOTAL DIVIDEND UP 3.6 PERCENT TO 26 PENCEPER SHARE.FOR THE YEAR, SHARE OF HOMEWARES MARKET INCREASED TO 7.9% (2016: 7.8%).FY TOTAL REVENUE AT 955.6 MILLION STG VERSUS 880.9 MILLION STG YEAR AGO.FOR THE YEAR, SALES GROWTH OF 8.5% (2.3% EXCLUDING WORLDSTORES) IN CHALLENGING AND SUBDUED HOMEWARES AND FURNITURE MARKETS.FY OPERATING PROFIT OF 111.7 MILLION STG VERSUS 129.3 MILLION STG YEAR AGO.FY PROFIT BEFORE TAX OF 109.3 MILLION STG VERSUS 128.9 MILLION STG YEAR AGO."HAD ENCOURAGING START TO FY18 WITH GOOD LFL SALES GROWTH IN FIRST TWO MONTHS"."OVER MEDIUM-TERM WE ARE AIMING TO DOUBLE OUR SALES TO £2BN, WITH 30%-40% FROM OUR INCREASINGLY IMPORTANT ONLINE CHANNEL"."EXPECT TRADING CLIMATE TO REMAIN CHALLENGING WITH DISPOSABLE INCOME OF UK CONSUMERS UNDER PRESSURE"."WE EXPECT TO OPEN A TOTAL OF 8 NEW STORES IN FIRST HALF OF YEAR OF WHICH 4 ARE ALREADY OPEN".FY LFL GROWTH OF -0.5 PERCENT VERSUS GROWTH OF 2.5 PERCENT YEAR AGO.  Full Article

Dunelm says CEO John Browett to step down immediately
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - DUNELM GROUP PLC ::THAT JOHN BROWETT WILL BE STEPPING DOWN AS CHIEF EXECUTIVE FOR PERSONAL REASONS, WITH IMMEDIATE EFFECT.DUNELM HAS MADE GOOD PROGRESS OVER LAST TWO YEARS DURING JOHN'S TENURE, HOWEVER NEXT PHASE OF GROWTH REQUIRES DIFFERENT LEADERSHIP.TRADING IN FIRST TWO MONTHS OF NEW FINANCIAL YEAR HAS STARTED POSITIVELY, WITH AN ENCOURAGING LIKE-FOR-LIKE SALES PERFORMANCE.  Full Article

Dunelm Group total Q4 revenue rose by 17.7 pct to 240 mln stg
Friday, 7 Jul 2017 

July 7 (Reuters) - Dunelm Group Plc : :Total revenue for Q4 rose by 17.7% to £240.0m.Q4 total revenue, excluding worldstores, rose by 6.7% to £217.4m.Q4 total like-for-like (LFL) growth (combining LFL stores and home delivery) grew by 3.8%.Anticipate that pre-exceptional profit before tax for 52 weeks ended 1st July 2017 will be in range of £109.0m - £111.0m.Net debt at year-end is expected to be in region of £127m.Expecting approximately 1.5% of LFL sales to move from third to Q4.Expectation is that gross margin for full year will be broadly flat compared to prior year.For full year, group gross margin is expected to be around 49.0%.Exceptional items relating to acquisition are expected to be around £17m for financial year.Expect a further c£7m of exceptional items in next financial year.  Full Article

Dunelm says Q3 LFL trading down 2.2 pct
Wednesday, 12 Apr 2017 

Dunelm Group Plc : Q3 trading update . Total revenue for q3 rose by 11.4 pct to 255.1 mln stg . Q3 total revenue, excluding Worldstores, rose by 1.0 pct to 231.3 mln stg . Q3 total like-for-like (LFL) growth (combining LFL stores and home delivery) declined by 2.2 pct. . Expect approximately 1.5 pct of LFL sales to move from third to Q4 . Broadly nets off with 1.7 pct of LFL sales that moved from Q2 to Q3 as a result of timing of our winter sale compared to last year. . Continue to see strong growth in online business, including a 21.0 pct increase in home delivery sales for quarter . Dunelm's gross margin percentage (excluding Worldstores) for quarter increased by approximately 75bps . Reflects a short-term benefit, and we expect half of this benefit to continue into Q4 . Integration of Qorldstores is going well . Run rate of gross margin going into next financial year is expected to be broadly flat compared to same time last year. . We continue to expect that business will be at least break-even in Dunelm's financial year ending June 30 2018. . As at April 1 2017, net debt was approximately 117 mln stg. . We opened two new stores in period leaving our Superstore footprint at 159 stores, a total increase of seven openings so far this year . We have completed six store refits within year to date and have at least five planned for remainder of financial year. . As a result, our expectations for full year remain unchanged..  Full Article

Ex-divs to take 16.2 points off FTSE 100

LONDON, Nov 13 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 16.2 points off the index. COMPANY (RIC) DIVIDEND IMPACT (pence) BUNZL