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

We should see an Interim Management Statement here before the end of the month, I would expect it to be very positive. This company does not appear to have been held back by the financial problems of the last 18 months, in fact it seems to have been in the right place at the right time.
They have just introduced a new training scheme to support its expansion plans, they expact 200 staff to sign up to a programme which aims to identify the next generation of store managers.
Dunelm recently opened its 101st store and is aiming for 200 stores.

Nice O trade just gone through 52.500 buy @ 396p, somebody has confidence in this.

lots of small trades but the price is certainly moving up, IMS due this week.
427p now.

Strong finish to the day at 432p, a new high, should be interesting tomorrow.

Dunelm is still moving in the right direction, having a second attempt to close above 500 at the moment, an earlier trade of 522 today gives hope.
I viisited our local superstore last Friday and my only concern was the long queue's at the 5 tills, when we wanted to pay for our goods.
GLA

Homewares retailer Dunelm extended gains following Thursday’s strong trading update, when it said the wet weather had boosted footfall into stores. Citigroup Nomura and UBS all raised their price targets and the shares rose 19 to 550p.

Keeping to Thursday, we should enjoy annual results from Dunelm , and if you want to see shares that have climbed a wall, look no further -- they are up more than 25% since late June, and 35% on the year, to 584p.

The household goods retailer, which trades as Dunelm Mill, gave us a pretty positive update in July, and has been a winner in the post-crisis stock-market recovery so far.

With the shares offering a modest dividend yield of 2.2%, according to forecasts, and sitting on a P/E of 17, they seem a bit toppy right now to me. But the long-term valuation should, I think, be based on the firm's future dividend policy, and that's what I'll be looking out for

Been giving them the once over DM and does seem like a decent bet for a good results day come thursday......BUT that huge spread is a little off putting. I was wondering when I looked at the chart why the daily moves were so strong, now I know. Great if your already in them.

Got to have a think about this.

Gone long on these this morning. Nice bounce off the 12 day EMA. Looks like we have a 52 week breakout imminent. Results thursday morning and last ones were pretty good. Fingers crossed.

Well worth having a read of the
last trading update.

http://www.investegate.co.uk/Article.aspx?id=201207050700049329G

Dont forget results thursday.

Comment on Sharecast after last results...

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20208193

Dunelm set to beat full year forecasts
Thu 05 Jul 2012

DNLM - Dunelm Group

Latest Prices
Name Price %
Dunelm Group 603.00p +4.06%

FTSE 250 11,847 +0.33%
FTSE 350 3,091 +0.05%
FTSE All-Share 3,025 +0.05%
General Retailers 1,854 +0.99%

LONDON (SHARECAST) - Homewares retailer Dunelm said total revenue increased 21.2 per cent in the fourth quarter of the group's fiscal year, boosted by the unusually wet weather but cautioned that it expects consumer spending to remain under pressure.

Like-for-like sales grew 10.4% in the final quarter compared to 1.9% growth the same time a year earlier as consumers took to the shops to avoid the dreary weather conditions.

The group said it enjoyed strong footfall into stores and estimates that the net benefit to total revenues from the weather conditions was around £8m during the period.

The board now expects that pre-tax profit for the year will be around £96m, ahead of current consensus expectations.

"We estimate that approximately £2.5m of this outperformance is attributable to the exceptional weather benefit over the second half of the financial year," it said in a statement.

Gross margin is expected to increase by approximately 20-30 basis points for the full financial year.

Dunelm, which opened a new superstore at Greenford in the quarter, now operates 115 superstores. The pipeline for new superstores remains strong, with a total of ten stores contractually committed, including its store in Cambridge.

The group had net cleared funds of £60m at 30 June 2012 compared to £31.6m a year earlier.

Chief Executive Nick Wharton commented: "The final quarter has seen further strong progress throughout the business, with robust like-for-like sales trends.”

"Looking ahead, we anticipate that consumer spending will remain under pressure. Nevertheless, with ten further store openings committed, a strengthening multi-channel offering and with our unique proposition resonating with a wide range of customers, we remain confident in the future growth prospects for the business."

CJ

Certainly a lot of demand for
this stock and a retailer going
against the grain.

Cant help think that the continued
poor weather will have boosted its
sales and profits even further in
the last quarter.

Results thursday.

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]))