Posts in LSE:DNLM

Broker Forecast - JP Morgan Cazenove issues a broker note on Dunelm Group PLC

JP Morgan Cazenove today reaffirms its overweight investment rating on Dunelm Group PLC (LON:DNLM) and cut its price target to 710p (from 760p).

Broker Forecasts data provided by www.sharesmagazine.co.uk

Broker Forecast - RBC Capital Markets issues a broker note on Dunelm Group PLC

RBC Capital Markets today reaffirms its underperform investment rating on Dunelm Group PLC (LON:DNLM) and cut its price target to 560p (from 575p).

Broker Forecasts data provided by www.sharesmagazine.co.uk

Director Deals - Dunelm Group PLC (DNLM)

William Reeve, Non Executive Director, bought 2,500 shares in the company on the 21st February 2018 at a price of 564.50p. The Director now holds 12,500 shares.

Director deals data provided by www.sharesmagazine.co.uk

Director Deals - Dunelm Group PLC (DNLM)

Andy Harrison, Chairman, bought 43,647 shares in the company on the 21st February 2018 at a price of 568.50p. The Director now holds 324,028 shares.

Director deals data provided by www.sharesmagazine.co.uk

Broker Forecast - Barclays Capital issues a broker note on Dunelm Group PLC

Barclays Capital today downgrades its investment rating on Dunelm Group PLC (LON:DNLM) to equal weight (from overweight) and set its price target at 630p.

Broker Forecasts data provided by www.sharesmagazine.co.uk

Broker Forecast - Deutsche Bank issues a broker note on Dunelm Group PLC

Deutsche Bank today reaffirms its hold investment rating on Dunelm Group PLC (LON:DNLM) and cut its price target to 620p (from 685p).

Broker Forecasts data provided by www.sharesmagazine.co.uk

Why I’d buy this FTSE 100 6% yielder over this struggling retail peer

UK homewares retailer Dunelm  (LSE:DNLM) saw its sales growing rapidly in the first half of its 2017 financial year, but this growth came at a cost for the company which, like most of its peers, is struggling to compete in the UK's increasingly competitive retail environment. 

FTSE slips on earnings disappointments

After a flat performance overnight in the US and following weakness in Asian equities the FTSE 100 is 0.3% lower Tuesday lunchtime at around 7,220.

As results season starts to get into full swing, numbers from banking group HSBC (HSBC) came in short of expectations with fourth quarter underlying profit of $3.6bn 8% below consensus analyst forecasts. The shares fell 3.7% to 732.2p in response.

Dunelm reports modest pretax profit growth as margins fall

Dunelm reported pre-tax profits rose 0.7% to £56.3m in the first half of fiscal 2018 weighed by a fall in margin growth while like-for-like sales rose 6% to $469.3m.

Margin growth was lower due to the mix effect of acquired Worldstores sales and a higher proportion of end of season and seasonal products.

Director Deals - Dunelm Group PLC (DNLM)

Nick Wilkinson, Chief Executive Officer, bought 38,855 shares in the company on the 19th January 2018 at a price of 640.20p. The Director now holds 38,855 shares.

Director deals data provided by www.directorsholdings.com