""In my final set of results at Dunelm, I'm pleased to report another successful year, marked by growth in sales and profits, increased market share and meaningful strategic progress. "Having had the privilege of being a part of this awesome business, I want to thank our incredible colleagues, whose commitment and adaptability has driven our performance this year and throughout our history."
"Household retailer Dunelm has announced stronger sales despite a "volatile" consumer backdrop and cautioned they are "yet to see" a sustained recovery. The boss of Dunelm Nick Wilkinson said the company has made "good progress" even though there are financial pressures on consumers. Wilkinson told PA news agency the business saw cost inflation of 3% over the past 12 months which could move higher to 4%."
Dunelm delivered stronger sales, profit growth and increased market share during the year. The business operated amid a volatile consumer backdrop and ongoing financial pressures on customers. Management reported cost inflation of around 3% over the past 12 months, with the potential to rise to 4%. Leadership highlighted strategic progress driven by colleagues' commitment and adaptability. The company emphasized a thriving digital offer, vibrant stores and a broadening category range to remain relevant. Despite momentum and strategic gains, Dunelm warned that a sustained consumer recovery has not yet emerged.
Read at London Business News | Londonlovesbusiness.com
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