Homewares retailer Dunelm (DNLM) lowered its full-year profit guidance citing ‘softer’ Q2 trading. The ‘Home of Homes’ said first-half sales rose 3.6% to £926 million, but Q2 sales growth was just 1.6%. Gross margins improved modestly (+60 basis points), but that was largely down to favourable FX. After a strong Q1, trading in Q2 was … Continue reading Dunelm cuts profit guidance