Dunelm reports strong trading during its last quarter (the 13 weeks ended 3rd October 2015) both in-store and online, with all categories showing "robust performance". Gross margin increased year on year.
Dunelm's store estate comprises 149 stores across the UK, including one store opened in the quarter. A total of 10 further openings are under contract, including two relocations, and six of these are expected to commence trading in the current financial year.
Dunelm also announced the acquisition of the Fogarty bedding brand, and trademarks on a worldwide basis. Fogarty, which can trace its history back almost 200 years, is a leading British brand with a reputation for high-quality pillows, duvets and mattress protection products. Dunelm currently sells a number of Fogarty products.
Will Adderley, Chief Executive, comments: "Our sales performance was strong in the first quarter, reflecting the steps we have taken to refresh our product range, improve seasonal merchandise and to create an improved shopping experience for our customers in-store.
"The growth achieved in LFL store sales is particularly pleasing, and we maintained a solid performance in home delivery following the launch of our new website in July. As the new site becomes fully bedded down, we expect to see substantial further growth through this channel.
"I am delighted that we have acquired the rights to the Fogarty brand. This investment, as with the acquisition of Dorma a few years ago, adds an important brand to our portfolio. It further strengthens our specialist homewares retail proposition and provides a number of potential growth opportunities for the medium term."