Dunelm sees FY profits ahead of expectations

20th Jun 2019 07:05

(Sharecast News) - Homewares group Dunelm said it expected pre-tax profits to be ahead of expectations driven by good weather and strong trading across its businesses.The company forecast pre-tax profits to be in the range of £124 - £126m compared with £102m in 2018."Since we last updated on 10 April 2019, we have seen very good year-on-year total like-for-like (LFL) growth, particularly in May and June, reflecting both the soft comparator period (Q4 2018 Total LFL growth of 0.1%) and the unseasonably favourable weather conditions this year," the company said in a trading statement.