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Dunelm Full Year Results

Full results stated:

Full Year Profit Before Tax of £109.3m is consistent with consensus (£109.8m), and represents a 15% decline on FY16 (£128.9m).
In ‘core’ Dunelm, operating contribution fell by c.5%, driven by a Full Year Like For Like of -0.5% (online +23.5%), gross margin (flat)
Net debt ended the year at £122m, better than the £127m guidance

As of 8:25am the stock was trading up c.4.20% at c.636.50p


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