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The latest update is out from Dunelm Group ( (GB:DNLM) ).
Dunelm reported a solid first-half performance in a tough UK retail environment, with total sales up 3.6% year-on-year to £926m and digital sales rising to 41% of the total, while gross margin improved by 60 basis points, helped by foreign exchange tailwinds. However, trading in the second quarter slowed, particularly around Black Friday and into December amid heightened competitive discounting and softer furniture sales, leading the group to flag that full-year pre-tax profit is now expected at the lower end of market expectations, even as it continues to invest in new stores, a refreshed app and availability improvements to reinforce its market-leading position.
The most recent analyst rating on (GB:DNLM) stock is a Buy with a £1266.00 price target. To see the full list of analyst forecasts on Dunelm Group stock, see the GB:DNLM Stock Forecast page.
Spark’s Take on GB:DNLM Stock
According to Spark, TipRanks’ AI Analyst, GB:DNLM is a Outperform.
Dunelm Group’s overall score reflects strong technical indicators and a fair valuation, supported by positive earnings call insights and corporate events. Financial performance is solid but tempered by high leverage and declining free cash flow growth.
To see Spark’s full report on GB:DNLM stock, click here.
More about Dunelm Group
Dunelm Group is the UK’s market-leading homewares retailer, offering more than 100,000 products across home textiles, furniture, kitchenware, lighting, outdoor and DIY, with a strong focus on own-brand ranges and value. Founded in 1979 and now operating 203 stores across the UK and Ireland alongside a growing online business, the Leicester-headquartered group employs around 12,500 people and positions itself as a one-stop destination for home lovers, supported by services such as Made-to-Measure window treatments and in‑store Pausa coffee shops.
Average Trading Volume: 283,906
Technical Sentiment Signal: Strong Buy
Current Market Cap: £2.33B
For detailed information about DNLM stock, go to TipRanks’ Stock Analysis page.