Broker Peel Hunt believes that third quarter figures from furnishings retailer Dunelm (LON:DNLM) could lead to upgrades.
Dunelm is set to publish the third quarter statement on 10 April and there is positivity about the likely figures.
First half store revenues grew 3.8% (like-for-like) and online was 35.8% ahead. However, despite the strong figures, there was caution about the rest of the year because of economic concerns.
That led second half growth expectations to be maintained at 1.3% like-for-like and online at 15%. That would suggest a slowdown, but this does not appear to have happen...
