DUNELM GROUP

Dunelm reported a 3.1% revenue increase to £1.83bn for the 2026 fiscal year, while pre-tax profit remained unchanged at £211m and earnings per share missed analysts’ expectations by 13.31%. The stock fell about 9% to 805.8p after management signalled a significantly weaker start to fiscal 2027 in the first six weeks due to unusually hot weather and said it expects adjusted profits to be largely flat in 2027. Dunelm also plans around £100m of savings by 2029 that will be fully reinvested, plus additional investments of £125m over three years; since the start of the year roughly 8% of roles in support and sales teams have been cut. » More on de.investing.com

Dunelm reported a 3.1% revenue increase for fiscal 2026 to £1.825bn, while pre-tax profit (£211m) and diluted EPS (76.8 pence) were unchanged. Gross margin improved slightly to 52.5% and free cash flow rose to £155m, supporting the balance sheet and dividends; the regular dividend was increased to 45.5 pence (+2.2%). Management highlighted market share gains in the UK homewares segment (7.9%), stronger digital sales (42% share) and ongoing investments in stores, technology and bespoke products. Risks remain inflationary pressure, delivery/courier performance, the pace of store expansion and weather-related sales volatility; no concrete 2027 figures were provided, only strategic priorities. » More on de.investing.com

Deutsche Bank has upgraded Dunelm from “Hold” to “Buy” and raised the price target from 850 to 1,050 pence, implying roughly 25% upside. Analysts cite accelerated new store openings, store refits and digital improvements as drivers and raised the profit forecast for 2027 by about 4%. A strategy update from Dunelm on 8 September, focusing on its digital offering and store investments, is seen as a near‑term catalyst; the stock reacted with a rise of around 3.9%. » More on de.investing.com