Updates

Dunelm

August 2018

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.

After Dunelm issued its Q4 update, the shares initially went down but then recovered sharply helped by further significant director buying.Dunelm’s Q4 sales (+0.1% LFL) are quite an achievement given the impact on store footfall caused by the heatwave, which has coincided with its Summer sale. This incorporates negative store sales (-4.6% like-for-like) but continuing online growth (+41.8%) to leave overall sales of £1,050m for the year. With a higher level of seasonal stock going into the sale, Dunelm has had to make a clearance provision and after allowing for this, reported gross margin for the year was 48%, with H2 seeing a recovery to 90 basis points from the 180 basis point decline at H1.Management now ...

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Craneware

Alpha FX

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 (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 (August 2015)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

Dunelm

August 2018

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