Dunelm outlook remains “uncertain”

Dunelm has reported a rise in sales in the 13 weeks to September 25.

Sales were up by 8.3%, which is lower than the 36.7% increase in the same period a year earlier during the lockdown.

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The group has warned over UK and global supply chain issues. Whilst there are some concerns over the its outlook, Dunelm recently increased profit guidance for the year.

 “The macro outlook remains uncertain, in particular regarding supply chain disruption and inflationary pressures from freight and driver shortages,” said the group in a statement.

“Whilst we are not immune to the challenges being widely reported, we feel well placed relatively to manage them.

“In particular, we have good stock levels across our stores, warehouses and supplier partners, a low proportion of seasonal ranges within our product offer, and also benefit from a higher propensity for customers to substitute products within homewares categories, given our broad range.”

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