Dunelm is the UK's leading specialist out of town homewares retailer, operating in the 12bn homewares market. The Group currently operates 161 stores, branded Dunelm Mill, of which 157 are out-of-town superstores and 4 are high street shops. The majority of the stores are located in the Midlands or north-west of England. Dunelm employs over 5,000 full and part time staff, the vast majority of whom work in the stores.

Dunelm was founded in 1979 as a market stall business, selling ready-made curtains. The first shop was opened in Leicester in 1984 and over the following years the business developed into a successful chain of high street shops in the Midlands specialising in soft furnishings. The first Dunelm superstore was opened in 1991, leading to the Group's expansion into the broader homewares market.

The superstores provide an average of 28,000 sq ft of selling space and offer an extensive range of around 20,000 products across a broad spectrum of categories, including bedding, curtains, gifts and seasonal items, cushions, bathroom products, kitchenware, quilts, pillows and rugs. Dunelm also specialises in offering a wide range of fabrics, made to measure curtains and a frequently changing series of special buys. The directors are passionate about ensuring that all ranges live up to Dunelm's philosophy of offering customers "Simply Value for Money".

Dunelm also operates an on-line store, to be found at www.dunelm-mill.com.

Dunelm listed on the London Stock Exchange in October 2006 (DNLM.L) and has a current market capitalisation of approximately 750 million

Good day, results thursday.

DNLM Dunelm.

Interesting snippet from another
site which confirms the news a
mucker of mine told me last thursday......

Thursday 13 September

Analysts are expecting little surprise when Dunelm-Mill (DNLM) reports its full-year results on Thursday.

Recent news: Dunelm published an exceptionally strong fourth-quarter interim management statement in July, with like for like sales of +10.4%. Additionally, the company guided for pre-tax profits to come in at £96 million, smashing consensus expectations of £92 million.

Analysts' expectations: Roche predicts that there may be news about an "imminent" £40 million return of capital.

Roche is confident that Dunelm will continue to gain market share despite UK homewares sales being less strong in July and August than in the second quarter, pointing out that Dunelm's offer appeals to a range of consumers from different income segments due to its four price point levels.
He has a 'buy' recommendation on the stock, pointing out that Dunelm was a company "which is gaining share whilst improving margins, has a demonstrably strong management team and the cash generating properties to be able to more than double its dividend yield".

52 week new high and breakout.

On a positive run up before results in the morning.

Look forward to a good set of results.

Fingers crossed.

Final Results



Financial highlights



· Revenues up 12.1% to £603.7m; like-for-like growth of 3.1% (2011: like-for-like decline -0.6%) - includes estimated £8m weather benefit in final quarter

· Gross margin up 30 basis points to 48.3% (2011: 48.0%)

· Operating profit up 14.3% to £95.2m (2011: £83.3m) - estimated underlying operating profit £92.7m, excluding final quarter weather benefit

· Profit before taxation up 15.1% to £96.2m (2011: £83.6m)

· Basic EPS up 18.9% to 35.3p (2011:29.7p); fully diluted EPS up 19.8% to 35.1p (2011: 29.3p)

· Year-end net cash of £65.2m (2011: £35.1m)

· Recommended final dividend of 10.0p per share (2011: 8.0p), resulting in full year dividend up 21.7% at 14.0p

(2011: 11.5p )

· Additional proposed capital return of £65.8m (32.5p per share)





Business highlights



· Continuing market share gains on a like-for-like basis

· 14 new superstores opened in the year (including two relocations)

· Four further units opened since year-end (including one relocation) - now 118 superstores in total

· Contractually committed to 9 more units (including one relocation)

· UK portfolio target of c.200 superstores confirmed

· Continued investment in store refits; 50% of superstores either new or have benefitted from a major refit in

past 3 years

· Strong growth of multi-channel, contributing 2.5% of revenues across the year (3% in the final quarter)




http://www.moneyam.com/action/news/showArticle?id=4444141

Excelent results reported this morning.

Highlight.....

1.increase in Divi


2.Additional proposed capital return of £65.8m (32.5p per share) previouly estimated to be just £40 million.

BRIEF- Dunelm total div up 22 pct13 Sep 2012 - 07:15

LONDON, Sept 13 (Reuters) - Dunelm Group PLC : * Auto alert - Dunelm Group PLC total dividend up 21.7 percent to 14 pence per share * Auto alert - Dunelm Group PLC final dividend 10 pence per share ((London Equities Newsroom; +44 20 7542 7717)) ((For more news, please click here [DNLM.L]))

New store openings boost Dunelm profit13 Sep 2012 - 08:00

Sept 7 (Reuters) - British home furnishings retailer Dunelm Group Plc reported a 15 percent rise in full-year profit, helped by new store openings during the year and strong trading in the last quarter. The company said it benefitted from the severe weather that hit the United Kingdom earlier this year. Dunelm, which sells items such as bedding, curtains, kitchenware and lighting, said like-for-like sales increased 3.1 percent. Revenue growth was driven by its store development program, which added 14 new superstores during the year. Dunelm also proposed a final dividend of 10 pence per share as against 8 pence last year. It said it would also return excess capital worth 32.5 pence per share, or a total of 65.8 million pounds, to shareholders. July-June pretax profit rose to 96.2 million pounds from 83.6 million pounds a year ago. Revenue rose 12.1 percent to 603.7 million pounds. Shares in the company, which proposed a final dividend of 10 pence per share as against 8 pence last year, closed at 625 pence on the London Stock Exchange on Wednesday. (Reporting by Karen Rebelo and Monika Shinghal in Bangalore; Editing by Saumyadeb Chakrabarty) ((karen.rebelo@thomsonreuters.com)(within UK +44 20 7542 1810)(outside UK +91 80 4135 6102)(Reuters Messaging: karen.rebelo.reuters.com@reuters.net)) Keywords: DUNELMGROUP RESULTS/

New store opens here in inverness shortly

Hmmmmm

Expected more, must be getting greedy with age. :-))

:-))

The first quarter interim management statement from Dunelm sees the group going up easier comparatives figures, as a year ago like-for-like (LFL) sales were down 2.0% year-on-year (yoy).

"However, given the deterioration in market data, we expect a sharp slowdown in LFL sales and pencil in a flat quarter for Dunelm. Gross margin likely to show modest progress yoy," Peel Hunt suggests.

Just about broken out.

Every broker... and his dog is
upgrading this one this morning.

NICE.

"Dunelm hits top spot on the Uk High St" - Dunelm has leapfrogged John Lewis to become the UK's biggest seller of items for the Home.

VERY NICE :-)

Interesting "correction" in the price of this one recently. Keeping an eye on it - it's one that has proved profitable for me on a day trading basis as it quite often leaps around on low volume intraday.

That's it finally broke the £9 barrier, won't be too long before we see a tenner a share.

Final results

Highlights

· Continuing market share gains; now market leader with 6.9% of UK homewares market (source: Verdict Research);

· 14 new openings in the year (including two relocations and one re-opening) increasing footprint to 126 superstores;

· Contractually committed to 10 more superstores;

· 80% growth in multi-channel revenues, now representing over 4% of total business;

· Increasing investment in brand awareness - "There's no place like Dunelm";

· Continued investment in customer proposition, infrastructure, IT systems and people,to underpin long-term growth;

Dividends

· Recommended final dividend of 11.5p per share (2012: 10.0p), giving full year dividend of 16.0p (2012: 14.0p);

· Special dividend of 25.0p per share to be paid in October, returning a further £50.7m of excess cash to shareholders.

Verb Sap