Berenberg downgrades DFS, prefers Dunelm
28th Mar 2024 15:01
(Sharecast News) - Analysts at Berenberg downgraded their recommendation for shares of DFS Furniture from 'buy' to 'hold' on anticipation that management's guidance for improved demand in mid-2024 would prove premature.
Read moreLondon close: Stocks mixed as Japan ends negative rate policy
19th Mar 2024 16:23
(Sharecast News) - London markets closed with a mixed performance on Tuesday, as investors weighed the implications of Japan's decision to end negative interest rates against upcoming policy announcements from the US Federal Reserve and the Bank of England later in the week.
Read moreDFS warns on profits after demand weakens 'significantly'
19th Mar 2024 07:59
(Sharecast News) - DFS cut its FY24 profit and revenue guidance on Tuesday as it said market demand has weakened "significantly" over the last two months following a solid start to January.
Read moreDFS trims sales target but holds on to profit guidance
19th Jan 2024 07:49
(Sharecast News) - Furniture retailer DFS has held on to full-year profit guidance despite a slight drop in first-half orders, as gains in market share and cost management has mitigated "challenging" trading conditions.
Read moreDFS Furniture says FY profits in line, but market 'significantly worse than expected'
17th Jul 2023 08:26
(Sharecast News) - DFS Furniture said that it would meet its previous guidance for full-year profits.
Read moreDFS Furniture cuts annual profit outlook
16th Mar 2023 09:30
(Sharecast News) - DFS Furniture cut its annual profits expectations on Thursday as it pointed to a slowdown in order intake, and posted a drop in interim profits.
Read moreBerenberg lowers target price on DFS Furniture
19th Jan 2023 09:42
(Sharecast News) - Analysts at Berenberg lowered their target price on soft furnishings retailer DFS Furniture from 280.0p to 195.0p on Thursday but said the group still had "bouncebackability".
Read moreDFS Furniture gross sales and order intake slip YOY
13th Jan 2023 07:40
(Sharecast News) - Soft furnishings retailer DFS Furniture said on Friday that both gross sales and order intake had slipped year-on-year in the six months ended 25 December.
Read moreDFS Furniture sees bounce-back in upholstery markets
4th Nov 2022 11:22
(Sharecast News) - DFS Furniture reported a "more positive trend" in the upholstery market in a trading update on Friday, having noted a marked softening in its full-year results on 15 September, with "significant declines" in July and August.
Read moreDFS Furniture FY profits slump, warns of potential drop in sales
15th Sep 2022 08:45
(Sharecast News) - Furniture retailer DFS Furniture said on Thursday that profits had slumped in the twelve months ended 27 June and cautioned that sales could fall even further amid a dip in consumer spending.
Read moreDFS Furniture chairman to retire following AGM
12th Sep 2022 07:57
(Sharecast News) - Furniture retail company DFS Furniture revealed on Monday that chairman Ian Durant will retire from the board following the group's annual general meeting on 4 November.
Read moreB&M names Mike Schmidt as CFO
5th Jul 2022 07:15
(Sharecast News) - Variety goods value retailer B&M European Value Retail named Mike Schmidt as its next chief financial officer on Tuesday, succeeding Alex Russo.
Read moreDFS Furniture warns on profits amid cost of living crisis
9th Jun 2022 08:14
(Sharecast News) - Furniture retailer DFS warned on Thursday that full-year profits would fall short of previous guidance as the ongoing cost of living crisis saw consumers tighten their belts throughout the fourth quarter.
Read moreDFS revenue tops pre-Covid levels, share buyback announced
15th Mar 2022 08:13
(Sharecast News) - DFS Furniture reported first half group revenue of £561.1m from continuing operations on Tuesday, up 17.4% on the pre-pandemic two-year comparator, with "significant accelerations" in deliveries reported across its second quarter and into the third.
Read moreEve Sleep surges on DFS retail partnership
23rd Feb 2022 10:40
(Sharecast News) - Eve Sleep announced a new partnership with furniture retailer DFS on Wednesday, sending shares in the AIM-listed mattress company surging.
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