Dunelm's sales slip

TIP UPDATE: Dunelm expects to meet full-year profit expectations, but sales are under pressure

July 11, 2011

This month's trading update from soft furnishings retailer, Dunelm, reported positive news on margins and signalled that profits for the year should be in line with market expectations.

IC TIP: Sell at 463p

What we said:

When: 19 May 2010

Price then: 466p

Price now: 463p

Movement: -1%

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