Dunelm Group (DNLM) Q1 2027 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2027 TU earnings summary
15 Oct, 2026Executive summary
Q1 FY27 sales rose 1.1% YoY to £433m against a strong comparative; trading improved from a soft start to growth in the final seven weeks.
FY27 adjusted PBT expectations remain unchanged and broadly in line with FY26; adjusted PBT is currently expected to be lower YoY in H1.
Financial highlights
Total sales were £433m, up 1.1% YoY; store-enabled LFL sales declined 0.8%.
Gross margin increased 10bps YoY, benefiting from an FX tailwind.
Outlook and guidance
FY27 adjusted PBT expectations remain unchanged and broadly in line with FY26.
Adjusted PBT is currently expected to be lower YoY in H1, with benefits from plans weighted toward H2.
Trading improved late in Q1 ahead of peak season, though the consumer backdrop remains uncertain.
Latest events from Dunelm Group
- Three-year plan targets mid- to high single-digit growth, £100m cost savings, and 30% ROCE.DNLM
Strategy update - Growth plan aims for higher sales, digital expansion, and strong returns through self-funding.DNLMCorporate presentation
- Sales up 3.1%, digital at 42%, market share 7.9%, and dividends increased amid cost pressures.DNLMH2 2026
- Sales and digital growth drive margin gains and strong cash flow, with PBT on track.DNLMQ4 2026 TU
- Q3 sales up 2.1% YoY to £472m, digital sales at 43%, FY26 PBT seen at lower end of consensus.DNLMQ3 2026 TU
- Sales up 3.6% to £926.3m, gross margin at 53.4%, PBT down 7.5%, digital share at 41%.DNLMH1 2026
- Sales up 3.8% to £1,771m, profit before tax £211m, digital sales 40%, market share 7.9%.DNLMH2 2025
- Sales and digital growth, margin expansion, and strategic investments drive strong FY25 results.DNLMQ4 2025 TU
- Sales and profit rose, market share reached 7.7%, and margins improved despite a tough market.DNLMH2 2024