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Evening Standard
Evening Standard
Business
Holly Williams

Dunelm sees profits hit after festive sales miss but trading starting to rebound

Dunelm Barclays
Dunelm cautioned it is yet to see a ‘meaningful’ recovery in consumer spending (Alamy/PA) -

Homewares chain Dunelm has revealed falling profits after seeing sales growth slow sharply over its Christmas quarter as it struggled amid a subdued market and stock availability issues.

The retailer said pre-tax profits fell 7.5% to £114 million in the six months to December 27, with sales growth pulling back to a worse-than-expected 1.6% in the second quarter from 6.2% in the first three months.

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