FTSE LIVE: Retailers DFS and Dunelm warn profits anticipated to tumble; Sales soar at on-line model company Asos; London stocks open upper
DFS, the settee store, warned these days that its full-year profits will fall, after contemporary scorching climate brought about order numbers to dry up. Likewise, homewares store Dunelm expects to profits are available in underneath final 12 months’s. It flagged susceptible footfall and prices with regards to its acquisition of Worldstores.
Meanwhile, the gross sales stay pouring in at Asos – up 22 in keeping with cent within the final 4 months – however bosses suppose annual gross sales expansion will be at the decrease finish of marketplace expectancies.