Dunelm Group, the Leicestershire-based homewares retailer, has hailed another record year of sales.
According to preliminary results for the 52 weeks to 1 July 2023, the business saw sales of £1.64bn, up from £1.55bn in the year prior.
Profit before tax, however, slipped to £193m, down from £209m last year, which Dunelm said reflects “tight control of margin amidst inflation in our operating costs and our ongoing commitment to investment for the future.”
Nick Wilkinson, Chief Executive Officer, said: “In a period of extensive economic uncertainty, we have maintained our focus on enhancing our customer proposition, expanding our offer whilst staying fully committed to value and making every pound count.
“This has clearly resonated well with our customers, enabling us to continue growing both sales and market share. As ever, our amazing colleagues have been at the heart of this performance and I thank them all for their knowledge, personality, commitment and enthusiasm.
“As we manage the ongoing challenges, it is crucial that we do not lose sight of our longer-term ambitions. We are committed to raising the bar on value and joy for our customers and continuing to invest where we see good returns, so that we can seize the various opportunities ahead.
“We are excited about our future growth opportunity and more confident than ever that our commitment to value and tireless focus on improving the experience for our home-loving customers will leave us well placed to deliver sustainable growth in the future.”
