Dunelm set for third quarter upgrade

dunelm

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% lik...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.