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Dunelm - First ever downgrade to profits as snow hits hard

February 2011

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.

Home furnishings retailer Dunelm has issued a Q2 preclose trading update covering the six months to 1 January. Overall like-for-like sales were up 2.1% but Q2 has seen like-for-like sales decline by 4.2%, leading to a small decline of 1.2% over the half year. In particular, Dunelmâ€™s largely out-of-town stores were hard hit by the snow.During H1, Dunelm opened a further seven superstores and relocated one to leave it with 100 stores at the period end, compared with the group's stated medium-term target of 150 - 200 superstores across the UK. Three major store refits were completed in the first half and sales uplifts remain encouraging when measured against comparable non-refitted stores. Four stores are scheduled to open in H2. ...

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West China Cement

City of London Group

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 (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 - 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 - First ever downgrade to profits as snow hits hard

February 2011

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