Updates

Dunelm

August 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Dunelm has ended the year with a barnstorming Q4 helped by made-to-measure curtains and blinds selling exceptionally well. Like-for-like sales for both the quarter and the full year were up 5.8%. Overall for the year, including 12 new stores opened, sales were up 12.7%. Gross margin for the year is expected to be slightly lower reflecting a bit of clearance activity. Eight stores are expected to open in H1. Dunelm has a few headwinds including the rise in minimum wage albeit the cut in corporation tax will mitigate the impact on eps.Peel Hunt forecast £124.8m pretax/eps 47.5p for the year ended with £134.6m/51.9p this year. The shares have missed the rally in other retailers and should play catchup. Buy/Strong hold. ...

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Dialight

Conviviality Retail

Dunelm (November 2021)

Dunelm (March 2021)

Dunelm - High growth ambition for home delivery (September 2020)

Dunelm - Strong Q2 performance and forecasts upgraded (February 2020)

Dunelm - Trading ahead of expectations (July 2019)

Dunelm - Shares soar to 52-week high (February 2019)

Dunelm - Strengthens online proposition (December 2018)

Dunelm (August 2018)

Dunelm (June 2018)

Dunelm - Q3 online sales +36% (May 2018)

Dunelm (March 2018)

Dunelm - Excellent Q1 update (November 2017)

Dunelm - Q4 shows early signs of improvement (August 2017)

Dunelm - Follow directors lead and buy (March 2017)

Dunelm (November 2016)

Dunelm (October 2016)

Dunelm (May 2015)

Dunelm - Becoming a great total return stock (March 2015)

Dunelm (August 2014)

Dunelm (October 2013)

Dunelm - Homeware supremo targets 300 stores (August 2013)

Dunelm (February 2013)

Dunelm - 32.5p a share special dividend (October 2012)

Dunelm - Rain-sodden consumers buy more homewares (August 2012)

Dunelm (February 2012)

Dunelm (November 2011)

Dunelm (October 2011)

Dunelm (August 2011)

Dunelm (May 2011)

Dunelm - First ever downgrade to profits as snow hits hard (February 2011)

Dunelm - Shares rocket after Q1 trading update (November 2010)

Dunelm (October 2010)

Dunelm - Future growth driven by new space (August 2010)

Dunelm (June 2010)

Dunelm - Proposes a 21.5p special dividend (March 2010)

Dunelm - Ahead of expectations (December 2009)

Dunelm - Solid prospects drive shares higher (November 2009)

Dunelm - Astonishing 16.1% like-for-like sales growth in the first 10 weeks (October 2009)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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Dunelm

August 2015

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