British home furnishings retailer Dunelm Group Plc has reported strong results for its quarter one trading update on Thursday.
Total sales for the group’s first quarter rose by 8.3% to £388.8m ($533.5m) versus the same period last year. Dunelm said the increase in quarter one was also against a very “strong comparative period in full year 2021.” The positive performance was driven mainly by the strong customer response to its summer sale in July.
“We are pleased to have grown sales across the total retail system during the quarter, with digital sales growing at 20%. This strong performance demonstrates the strength of our integrated offer, providing customers with an attractive digital proposition, combined with local, friendly and convenient in-store shopping experiences,” the statement said.
The group previously announced special and FY21 final ordinary dividends, totalling £178m and will be paid in the second quarter.
Dunelm said its macro outlook remains uncertain, supply chain disruption and inflationary pressures, plus the lack of HGV drivers, as a result it will mitigate the impact of these challenges with its partners.
Nick Wilkinson, Chief Executive Officer, commented: "We are pleased with our performance in the first quarter, with sales growth across all channels and continued market share gains, especially given the strength of the comparative period last year, which benefited from pent-up demand following the first UK lockdown.
"We continue to invest in enhancing our market leading proposition to win more customers who shop more frequently across Dunelm's expanding range. For example, we have now developed a 'my favourites' functionality online, which is another step in getting closer to our customers and making their homewares shopping as easy as possible.