Dunelm reports growth in shorter third quarter
7th Apr 2016 07:05
(ShareCast News) - Home furnishings retailer Dunelm reported three months of growth on Thursday, with total revenue for the third quarter increasing by 5.9%. Total like-for-like growth, combining like-for-like stores and home delivery, increased by 1.1%. The company pointed out that, due to the 53rd
Read moreJefferies upgrades Next, downgrades M&S as it reviews retailers
30th Mar 2016 07:34
(ShareCast News) - Jefferies reviewed its ratings on London-listed retail stocks as it took a look at UK general retailers. "Retailers are facing many headwinds in 2016/17 and the sector has already lost its PER premium, however, while Brexit and FX are known issues there's a growing unemployment fe
Read moreFTSE 250 movers: Domino's leads index after upgrade
10th Feb 2016 15:26
(ShareCast News) - The FTSE 250 made some ground on Wednesday, with the second tier index up 252.74 points (1.65%) to 15,569.67 by mid-afternoon. Domino's Pizza Group led the risers after Credit Suisse upgraded the stock from 'neutral' to 'outperform' and added it to its Europe Small and Mid-Cap Foc
Read moreBroker tips: Shire, Dunelm, Glencore
10th Feb 2016 13:38
(ShareCast News) - RBC Capital Markets upgraded Shire to 'outperform' from 'sector perform', keeping the $240 price target ahead of the company's fourth quarter results on Thursday. RBC said that following the recent pullback, the share price reflects attractive value and future competitive threats
Read moreCanaccord reiterates 'hold' rating for Dunelm
10th Feb 2016 10:23
(ShareCast News) - Canaccord Genuity has reiterated its 'hold' rating for Dunelm Group after the homewares retailer declared a special dividend and reported a solid first half. For the 26 weeks to 2 January, the FTSE 250 list company lifted sales 10.3% to £448.1m, with store like-for-like (LFL) sale
Read moreDunelm declares special dividend after strong first half
10th Feb 2016 08:06
(ShareCast News) - Homewares retailer Dunelm Group has declared a special dividend payment after a solid first half of the year boosted by strong sales post Christmas, and is now looking to greatly increase its store presence in London as part of new new chief executive John Browett's strategy. For
Read moreFTSE 250 movers: Oil prices help market stay mostly in the black
13th Jan 2016 15:23
(ShareCast News) - The FTSE 250 was in the black for most of Wednesday, before a sharp fall late in the afternoon sent it into the red. The second-tier market was down 2.79 points (0.02%) to 16,685.12 under an hour before the market was due to close. Oil and gas producers and service providers were
Read moreFTSE 250 movers: Dunelm rallies on strong sales; Hays tumbles on cautious outlook
8th Oct 2015 13:50
(ShareCast News) - London's FTSE 250 index was down 0.3% to 16,978.38 at 1430 BST, as investors digested news that the Bank of England has decided to stand pat on interest rates and the size of its asset purchase programme, as widely expected. Dunelm was on the front foot after the homeware retailer
Read moreDunelm's first quarter sales surge
8th Oct 2015 08:01
(ShareCast News) - Homewares retailer Dunelm Group posted an increase in first quarter sales on the back of seasonal merchandise and improved product ranges. In the 13 weeks to 3 October, the FTSE 250 posted a 12% year-on-year increase in total sales to £202.3m, while like-for-like sales climbed 5.5
Read moreDunelm full-year profit and revenue rise
10th Sep 2015 07:50
(ShareCast News) - Dunelm posted a rise in full-year profit as revenue grew strongly and the homeware retailer boosted its final dividend. Pre-tax profit for the 53 weeks to 4 July was up 4.7% from last year to £122.6m, on total revenues of £835.8m, up 12.7% from 2014. Dunelm said it will pay a fin
Read moreUBS upgrades Dunelm as it eyes growth from foray into furniture
28th Aug 2015 14:31
(ShareCast News) - Analysts for UBS have upgraded its rating for homeware retailer Dunelm to 'buy' from 'neutral,' and said its push beyond homeware into furniture would bring growth. Shares in Dunelm were trading up by 1.68% to 910p at 1443 BST. UBS has upped its price target on the stock to 1020p
Read moreDunelm reports strong sales but gross margin down
9th Jul 2015 07:29
Homeware retailer Dunelm Group reported strong sales in its yearly result due to a good summer performance. The FTSE 250 listed firm said total sales for the 52 weeks to 27 June to were up by 12.7% to £822.7m. The company said in-store like for like sales grew by 3.5% benefiting from a strong summe
Read moreLondon pre-open: Stocks to fall ahead of pivotal weekend for Greece
26th Jun 2015 07:57
UK stocks are expected to decline on Friday morning after the collapse of Greek debt talks at the Eurogroup meeting the previous day. City sources predict the FTSE 100 will open 17 points lower than Thursday's close of 6,807.82. Another Eurogroup meeting has been scheduled for Saturday morning with
Read moreDunelm appoints John Browett as CEO
26th Jun 2015 07:19
Dunelm said on Thursday that it has appointed former Dixons and Tesco executive John Browett as its chief executive officer designate. Browett will join the board on 1 July as CEO designate and will become CEO on 1 January 2016, following a six-month induction period with the current CEO Will Adderl
Read moreDunelm appoints Whitbread CEO as new chairman
28th Apr 2015 08:39
Homewares retailer Dunelm has appointed Andy Harrison as its new chairman to replace the outgoing Geoff Cooper. The current chief executive of Whitbread, who is part of Dunelm's board as non-executive director, will begin his new role at the FTSE 250 group on 7 July, as Cooper will step down from th
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