Proactive Investors - Dunelm Group PLC (LON:DNLM) has reported sales growth over the first half of the year.
Sales jumped 4.5% to £872 million during the six months to December, the homewares retailer reported on Thursday, driven by volume growth.
“Growth in the first half was driven by customer demand for our consistent, outstanding value proposition,” the company said.
Gross margin over the period sat 160 basis points higher than in 2023, driven by better than expected improvements in freight rates.
Four new stores opened over the half year meanwhile, leaving Dunelm operating 183 sites in total.
“Consumers remain under pressure and are actively seeking true value at all price points,” chief executive Nick Wilkinson said.
“We are confident we have continued to gain market share [...] our strong operational grip continues to help us navigate the difficult environment and manage our margins.”
Dunelm added it was on track to meet full-year expectations, with analysts anticipating pre-tax profit of £202 million, between a range of £199 million to £207 million.