Dunelm Group PLC

Latest Results (08.10.2025):

Dunelm Group PLC reported strong financial performance for the fourth quarter of FY25, concluding on 28 June 2025. The company achieved a 4.0% increase in Q4 sales and a full-year sales growth of 3.8%, maintaining profit before tax in line with market expectations.

Sales Growth

In Q4 FY25, Dunelm achieved total sales of £415 million, a 4.0% increase year-on-year. For the full year, sales reached £1,771 million, up by 3.8% compared to the previous year. Digital sales accounted for 42% of total sales, marking a 2 percentage point increase in the quarter and 3 percentage points for the year.

Profitability

The company's gross margin for the full year is expected to rise by 60 basis points year-on-year, driven by strong performance in full-price ranges and efficient cost management. Profit before tax (PBT) is anticipated to align with consensus estimates, reflecting stable margins despite inflationary pressures and ongoing investments.

Strategic Developments

Dunelm made significant strides in its strategic priorities by opening four new superstores in Q4, including a relocation, and acquiring the Designers Guild brand and archive. These initiatives enhance the company's store footprint and product offerings, positioning Dunelm for continued market growth.

Leadership Changes

Effective 1 October 2025, Clo Moriarty has been appointed as the new Chief Executive Officer, succeeding Nick Wilkinson. This leadership transition is expected to support Dunelm's strategic objectives and drive future growth.

Outlook

Dunelm remains confident in its growth strategy, focusing on expanding market share and enhancing customer experience through digital innovations and store expansions. The company is committed to delivering value, quality, and a diverse product range to maintain its position as the UK's leading homewares retailer.