Sales rise at furniture chain DFS points to higher profit expectations
7 Articles
7 Articles
Doncaster’s DFS Furniture expects higher profit – Northern Financial Review
Doncaster-based DFS Furniture plc said its full year underlying profit “before tax and brand amortisation” is expected to be slightly above the top end of its guidance of £25 million-£29 million and up around £20 million year on year. DFS shares rose about 6%. In a trading update for the 52 week year ending June 29, 2025, DFS said: “Profit performance driven by strong trading, gross margin rate progression and continued cost discipline … “Strong…
Furniture store sales rise 4.5% from June 2024 - Home News Now
Consumer spending continues to hold up amid slow housing market and concerns over tariffs WASHINGTON — Furniture store sales rose 4.5% from June 2024, continuing a winning streak that started back in September and has held up each month since amid a still-slow housing market and concerns about tariffs. Furniture store sales totaled $11.5 billion in June, compared with nearly $11 billion in June 2024. They were down .1%, from $11.54 billion in Ma…
DFS sitting pretty after buoyant FY2024/25, says GlobalData
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Following today’s release of DFS’ figures for the 52 weeks ending 29 June 2025; Matt Walton, senior retail analyst at GlobalData, a leading data and analytics company, offers his view: “DFS has rebounded from a challenging FY2023/24, which was impacted by weak consumer confidence, to record strong performanc…
DFS beats expectations after 'strong' year - Retail Gazette
DFS Furniture is set to deliver a pre-tax profit “slightly above the top end of guidance” following strong trading and good cost control through the year. The furniture giant reported its profit for the year to 29 June will sit higher than its initial £29m forecast, rising from £10.5m the year before. The retailer said that its profit performance had been driven by strong trading, gross margin rate progression and continued cost discipline. Grou…
DFS annual profits to exceed guidance for FY25
DFS Furniture expects its full-year profits before tax to be “slightly above” the top end of its £25m to £29m guidance range, and up by about £20m year-on-year, for the year to 29 June. The retailer of upholstered furniture attributed its performance to a combination of strong trading and tighter cost control during the year. During the period, DFS’ order intake rose by 10% year-on-year in both halves of the financial year, outpacing what it d…
Profit set to exceed expectations at DFS - Big Furniture Group
Upholstered furniture retailer DFS expects profits to exceed the top end of its previous guidance as it continues to gain market share. According to its full year trading update for the 52-week period ending 29 June 2025, order intake has increased 10% year-on-year in both H1 and H2, supported by volume and average order value growth. DFS said that both its retail brands performed well, with DFS up +8.7% and Sofology up +16.2% year-on-year due t…
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