Thursday, May 2, 2024

Dunelm hails “another year of excellent performance”

The CEO of homewares retailer Dunelm Group, has hailed “another year of excellent performance.”

According to preliminary results for the year to 2 July 2022, total sales at the business hit £1.55bn, up from £1.33bn in 2021.

Meanwhile profit before tax grew to £209m from £157.8m.

The Leicestershire firm noted that sales have remained robust in the first ten weeks of its new financial year.

Nick Wilkinson, Chief Executive Officer, said: “Our colleagues and our committed supplier partners are at the heart of our success. In another year of excellent performance, I am extremely grateful for their skill, commitment and adaptability in the face of new external challenges and during another busy period of progress across the business.

“We feel confident and well prepared to weather the current economic pressures – we emerged from an unprecedented global pandemic as a bigger, better business and we believe we have the tools in place to do that again. That said, the operating and economic environment is extremely challenging.

“In this environment, we have to make every pound count, both for ourselves through our tight operational grip and cost discipline, and for our customers, through our offer of outstanding value at all price points.

“Dunelm, at its heart, offers customers great choice and value. Now is not the time for us to shy away from that, but for us to fully embrace it; whether it’s our Winter Warm collection or our Student Essentials range, we think Dunelm’s unique and market-leading offer is more relevant than ever before.”

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