Dunelm raises FY profit forecast as fourth-quarter sales double

UK homewares retailer Dunelm said annual profits would be ahead of forecasts as fourth quarter sales more than doubled driven by pent-up demand after stores reopened from Covid lockdown.
Sales were up 101.7% to £380.1m in the 13 months to June 26 and rose 26.3% for the full year to £1.33bn. Fourth-quarter digital sales increased 38%. The company expects pre-tax profits of around £158m, compared with forecasts of £149m – £153m.