- Pretax profit for the year: GBP 205.4 million, up 6.6% from last year, exceeding the estimate of GBP 201.9 million.
- Operating profit recorded: GBP 213 million, above the estimated GBP 208.6 million.
- Gross margin: 51.8%, higher than last year’s 50.1% and the estimate of 51.4%.
- Net income: GBP 151.2 million, a slight decline of 0.5% year-on-year, but above the estimate of GBP 149.7 million.
- Free cash flow: GBP 132.2 million, a decrease of 18% year-on-year, below the estimate of GBP 156.8 million.
- Total stores: 184, matching the estimate of 184.9.
- Inventories: GBP 223 million, up 5.7% from last year, and above the estimate of GBP 216.8 million.
- Final dividend per share: 27.5p, compared to 27p last year.
- Total dividend per share for the year: 43.5p, up from 42p last year, but below the estimate of 44.3p.
- Company comments on the “challenging” consumer environment and the uncertain timing of sector recovery.
- Expects sales growth in FY25 due to increased volume and market share gains.
- Confident in reaching the next milestone of a 10% market share in the medium term.
- Analyst recommendations: 4 buys, 8 holds, and 0 sells.
A look at Dunelm Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors looking at Dunelm Group Plc.’s long-term outlook may find optimism in the Smartkarma Smart Scores for the company. With a solid Dividend score of 5, Dunelm demonstrates a strong ability to provide consistent returns to its shareholders over time. Additionally, its Growth score of 4 indicates the company’s potential to expand and increase its market presence in the future. Momentum, rated at 4, suggests that Dunelm is currently showing positive performance trends that could be indicative of future growth.
Despite these positive aspects, Dunelm‘s Value and Resilience scores of 2 each may raise some concerns among investors. The lower Value score could imply that the stock may not be undervalued, while a Resilience score of 2 may indicate vulnerability to market fluctuations. Overall, Dunelm‘s emphasis on dividends, growth potential, and positive momentum may be key considerations for investors interested in the company’s long-term performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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