Director dealings: Dunelm CEO and wife go on share shopping trip

10th Oct 2016 15:03

(ShareCast News) - After shares in the homewares retailer sank below their post-referendum low, Dunelm chief executive John Browett and his wife popped out on a bargain-hunting trip and returned home with a bagful of shares.Browett, who was appointed by the FTSE 250 company in January after a curtailed stint at Apple took the shine of his time at Tesco, and his wife bought roughly £150,000 shares at an average price of close to 821p.Last week, Dunelm revealed first quarter revenue fell 1.8% due to the unseasonably warm weather.Like-for-like sales growth from stores and the home delivery service also decreased by 3.8% to £187.5m, which was blamed on the unusually warm weather during the quarter which had a dampening effect on store footfall.Having opened six new superstores in the last financial year, Dunelm plans to open nine new by the end of the current financial year, of which four should be up and running by the end of 2016.Chief executive John Browett, said: "We are looking forward to a stronger second quarter as we continue to invest in extra seasonal space, new till systems, store refits and new store openings. We should also benefit from weaker comparatives."We continue to focus on our key initiatives whilst ensuring we maintain our unique offer of tremendous value for money, combined with an unrivalled range and great service."A note from HSBC on Monday, with a 'buy' rating and a 1,050p target price, said comparatives from last year will ease in coming quarters and it would expect the business to return to positive LFL growth."Indeed this is not the first time Dunelm has reported such an impact, e.g. 1Q14 when unseasonal weather saw LFL sales fall 5.3%. However, subsequent quarters saw LFL growth quickly return to normal."Top Director BuysEcofin Global Utilities And Infrastructure Trust (EGL)Director name: Barby,Ian ChristopherAmount purchased: 145,532 @ 135.54pValue: £197,260.19Dunelm Group (DNLM)Director name: Browett,JohnAmount purchased: 17,450 @ 821.00pValue: £143,264.50Goodwin Plc (GDWN)Director name: Goodwin,John WAmount purchased: 6,121 @ 2,275.00pValue: £139,252.75Goodwin Plc (GDWN)Director name: Goodwin,Richard SAmount purchased: 6,114 @ 2,275.00pValue: £139,093.50Goodwin Plc (GDWN)Director name: Goodwin,Simon R.Amount purchased: 5,165 @ 2,275.00pValue: £117,503.75Goodwin Plc (GDWN)Director name: Goodwin,Timothy J.W.Amount purchased: 5,165 @ 2,275.00pValue: £117,503.75Goodwin Plc (GDWN)Director name: Goodwin,Matthew StanleyAmount purchased: 5,165 @ 2,275.00pValue: £117,503.75Goodwin Plc (GDWN)Director name: Goodwin,Bernard Rafe ErnestAmount purchased: 5,165 @ 2,275.00pValue: £117,503.75Itv (ITV)Director name: Manz,Anna Amount purchased: 27,282 @ 181.90pValue: £49,625.96Aew Uk Reit (AEWU)Director name: Sandhu,Bimaljit S (Bim)Amount purchased: 25,000 @ 98.25pValue: £24,562.50Powerflute Oyj (di) (POWR)Director name: Aliu Presas,Maria TeresaAmount purchased: 20,000 @ 67.00pValue: £13,400.00Dunelm Group (DNLM)Director name: Browett,JohnAmount purchased: 724 @ 820.00pValue: £5,936.80Atlantis Japan Growth Fund Ltd. (AJG)Director name: Ehrmann,PhilipAmount purchased: 4,000 @ 143.76pValue: £5,750.40Rosslyn Data Technologies (RDT)Director name: Cox,HughAmount purchased: 40,000 @ 10.13pValue: £4,050.00Powerflute Oyj (di) (POWR)Director name: Aliu Presas,Maria TeresaAmount purchased: 6,400 @ 52.50pValue: £3,360.00Powerflute Oyj (di) (POWR)Director name: Aliu Presas,Maria TeresaAmount purchased: 4,000 @ 55.00pValue: £2,200.00Powerflute Oyj (di) (POWR)Director name: Aliu Presas,Maria TeresaAmount purchased: 3,600 @ 52.00pValue: £1,872.00Barr (a.g.) (BAG)Director name: Lorimer,StuartAmount purchased: 30 @ 503.50pValue: £151.05Barr (a.g.) (BAG)Director name: Memmott,Andrew LewisAmount purchased: 30 @ 503.50pValue: £151.05Barr (a.g.) (BAG)Director name: White,Roger AlexanderAmount purchased: 30 @ 503.50pValue: £151.05Barr (a.g.) (BAG)Director name: Kemp,Jonathan DavidAmount purchased: 30 @ 503.50pValue: £151.05Rolls-royce Holdings (RR.)Director name: Smith,DavidAmount purchased: 19 @ 768.80pValue: £146.07Rolls-royce Holdings (RR.)Director name: Smith,Colin PAmount purchased: 16 @ 768.80pValue: £123.01Top Director SellsCityfibre Infrastructure Holdings (CITY)Director name: Mesch ,Robert GaryAmount sold: 1,080,000 @ 60.00pValue: £648,000.03Cityfibre Infrastructure Holdings (CITY)Director name: Collins ,Mark GrahameAmount sold: 210,000 @ 60.00pValue: £126,000.01Cityfibre Infrastructure Holdings (CITY)Director name: Mesch ,William GregoryAmount sold: 210,000 @ 60.00pValue: £126,000.01Foreign And Colonial Inv Trust (FRCL)Director name: Fraser,SimonAmount sold: 7 @ 513.72pValue: £35.96Foreign And Colonial Inv Trust (FRCL)Director name: Ecsery,FrancescaAmount sold: 7 @ 513.72pValue: £35.96Witan Inv Trust (WTAN)Director name: Neubert,SuzyAmount sold: 2 @ 855.55pValue: £17.11Witan Inv Trust (WTAN)Director name: Claydon,CatherineAmount sold: 2 @ 855.55pValue: £17.11Witan Inv Trust (WTAN)Director name: Boyle,Robert WAmount sold: 2 @ 855.55pValue: £17.11Foreign And Colonial Inv Trust (FRCL)Director name: Knapp,EdwardAmount sold: 3 @ 513.72pValue: £15.41