Business
Year-end Trading Update
Year-end Trading Update.
About this update from Dunelm Group Plc
[{"type":"text","content":"\n \nRNS Number : 3760U Dunelm Group plc 12 July 2018 \n\n \n \n \n \n12 July 2018\n \nDunelm Group plc\nYear-end Trading Update\n \nDunelm Group plc (\"Dunelm\" or \"the Group\"), the UK's leading homewares retailer, reports the following trading update for the 13-week period, and financial year, ended 30 June 2018. \n \nRevenue \n \nTotal like-for-like (LFL) revenues in the quarter were broadly flat year on year (0.1% increase). This includes a continuing strong performance in our on-line channel (Dunelm.com) which achieved growth of 41.8%. As previously indicated in our announcement on 25 May 2018, footfall in physical shops was weak in the quarter, leading to a 4.6% decline in sales in LFL stores. \n \nOverall revenue for the quarter showed a 1.4% decline year on year. Whilst we benefited from the strong store opening programme earlier in the financial year, this was offset by decisions to rationalise the offer in our acquired businesses of Worldstores.co.uk and Kiddicare.com - having divested Achica.com during the previous quarter.\n \nFor the year as a whole, the Group delivered LFL revenue growth of 4.2% and overall growth of 9.9%.\n \n\n\n\n\n\n\n13 weeks to 30 June 2018\n\n\n52 weeks to 30 June 2018\n\n\n\n\n\n\n\nRevenue\n(£m)\n\n\nYoY Growth (£m)\n\n\nYoY Growth (%)\n\n\nRevenue\n(£m)\n\n\nYoY Growth (£m)\n\n\nYoY Growth (%)\n\n\n\n\nLFL Stores1\n\n\n179.0\n\n\n-8.7\n\n\n-4.6%\n\n\n805.0\n\n\n+8.2\n\n\n+1.0%\n\n\n\n\nLFL Online2\n\n\n30.0\n\n\n+8.9\n\n\n+41.8%\n\n\n105.4\n\n\n+28.9\n\n\n+37.9%\n\n\n\n\nTotal LFL \n\n\n209.0\n\n\n+0.2\n\n\n+0.1%\n\n\n910.4\n\n\n+37.1\n\n\n+4.2%\n\n\n\n\nNon-LFL Stores3\n\n\n17.5\n\n\n+8.0\n\n\n\n\n\n73.7\n\n\n+43.7\n\n\n\n\n\n\n\nNon-LFL Online4\n\n\n10.0\n\n\n-11.6\n\n\n\n\n\n66.0\n\n\n+13.7\n\n\n\n\n\n\n\nTotal Dunelm Group\n\n\n236.5\n\n\n-3.4\n\n\n-1.4%\n\n\n1050.1\n\n\n+94.5\n\n\n+9.9%\n\n\n\n \n1. LFL Stores - stores trading for at least one full financial year prior to 2 July 2017 without any significant change of space\n2. LFL Online - Dunelm.com\n3. Non-LFL Stores - new stores opened within the current financial year or prior financial year\n4. Non-LFL Online - Worldstores.co.uk, Kiddicare.com and Achica.com. (Note, t...