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Dunelm Group (DNLM) investor relations material
Dunelm Group Q4 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved Q4 sales growth of 2.9% to £428m, with full-year sales up 3.1% to £1,825m.
Digital sales participation rose to 45% in Q4 and 42% for the year, reflecting ongoing digital investment.
Gross margin improved by 10bps year-over-year to 52.5%.
Profit before tax (PBT) expected to be in line with consensus at £210m.
Strong cash generation, with about 70% of operating profit converted to free cash.
Financial highlights
Q4 sales reached £428m, up 2.9% year-over-year, despite weather-related footfall impacts.
Full-year sales totaled £1,825m, up 3.1% from the prior year.
Gross margin for FY26 at 52.5%, up 10bps year-over-year.
Net operating cost plans delivered, including £7m insurance income from store closures.
Capex for the year expected around £40m; small net cash inflow after £141m dividend payments.
Outlook and guidance
FY26 PBT expected to be in line with previous guidance and consensus (£210m).
Strategic update and preliminary results scheduled for September 2026.
Pipeline for new store openings in FY27 expected at the upper end of 5–10 superstores per year.
- Q3 sales up 2.1% YoY to £472m, digital sales at 43%, FY26 PBT seen at lower end of consensus.DNLM
Q3 2026 TU16 Apr 2026 - Sales up 3.6% to £926.3m, gross margin at 53.4%, PBT down 7.5%, digital share at 41%.DNLM
H1 202613 Apr 2026 - Sales and profit rose, market share reached 7.7%, and margins improved despite a tough market.DNLM
H2 20244 Feb 2026 - Sales and digital growth, margin expansion, and strategic investments drive strong FY25 results.DNLM
Q4 2025 TU4 Feb 2026 - Sales up 3.8% to £1,771m, profit before tax £211m, digital sales 40%, market share 7.9%.DNLM
H2 20254 Feb 2026 - H1 sales up 3.6% to £926m; digital mix 41%; PBT to hit lower end of consensus.DNLM
Q2 2026 TU4 Feb 2026 - Sales, profit, and digital growth drive higher dividends and investment amid market share gains.DNLM
H1 20258 Dec 2025 - Q1 sales up 6.2% to £428m, digital at 40%, and gross margin rose 80bps year-over-year.DNLM
Q1 2026 TU23 Oct 2025 - Q1 sales up 3.5% to £403m, digital mix at 37%, and gross margin improved 20bps.DNLM
Q1 2025 TU13 Jun 2025
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